Stablecoins is enjoying a moment in US policy circles, since the Senate has just approved a bill of regulation with important bipartisan numbers. As that moment approached, President Donald Trump and his family apparently downloaded about 20% of their participation in the parent company that controls World Liberty Financial, a cryptographic business that includes its own stable.
DT Marks Defi LLC is a company that now has about 40% of the holder on WLFI, below the previous 60%, according to legal revelations at the bottom of the website of the platform. DT Marks Defi is “an entity affiliated with Donald J. Trump and some of his family members,” he says.
Trump’s cryptographic treatment are extensive and, according to reports, dozens of millions of dollars have directly won it, but have also assumed a leading role in the debate on the regulation of digital assets in the United States, the establishment bill that is now in the hands of the House of Representatives stopped temporarily in the Senate when the Democrats made noise on Trump’s state operation.
Despite the complaints of corruption of legislators such as Senators Elizabeth Warren, Richard Blumenthal and Chris Murphy, and arguments that it is inappropriate that the president is taking a hand in the regulation of his own business, the progress of the bill leaves the reserve of the world liberation of liberation.
While Trump’s political allies and his administration affirm that their commercial ties are transparent, the family’s cryptographic treatment remains murky, without complete revelations of the commercial bets of the individual members, including the president. It is still not clear what the property or participation of the specific management of the family with World Liberty Financial can be.
The representatives of the commercial interests of WLFI and Trump did not immediately respond to the requests for comments from Coindesk.
And their growing ties with cryptography do not end there. Trump drew most of the recent criticisms for his host of a private dinner for the main investors in his personal memecoin, many of whom were foreign citizens and did not identify the public. The only time cryptoptic has sold multiple rounds of non -fungible tokens (NFT); His media company announced this year that he was raising $ 2.5 billion to build a Bitcoin treasure; And his son Eric has been helping to administer a new Bitcoin mining company. There are few corners of the industry to which the president does not have nearby connections.
Read more: Trump’s empire obtained $ 57 million from the cryptographic firm linked to the family last year, presenting programs
