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CRYPTOCURRENCY PROMOTED BY TRUMPH
Donald Trump launched his family’s cryptocurrency venture, World Liberty Financial, on a livestreamed interview on the social media platform X on Monday. The Republican presidential nominee gave few details about the venture but did offer his first public comments on the apparent assassination attempt against him a day earlier.
Trump did not discuss specifics about World Liberty Financial on Monday or how it would work, pivoting from questions about cryptocurrency to talking about artificial intelligence and other topics. Instead, he recounted his experience on Sunday, saying he and a friend playing golf “heard shots being fired in the air, and I guess probably four or five.
“I would have loved to have sank that last putt,” Trump continued. He credited the Secret Service agent who spotted the barrel of a rifle and began firing toward it as well as law enforcement and a civilian who he said helped track down the suspect.
World Liberty Financial is expected to be a borrowing and lending service used to trade cryptocurrencies, which are forms of digital money that can be traded over the internet without relying on the global banking system. Exchanges often charge fees for withdrawals of bitcoin and other currencies.
Other speakers after Trump, including his eldest son, Don Jr, talked about embracing cryptocurrency as an alternative to what they allege is a banking system tilted against conservatives.
Experts have said a presidential candidate launching a business venture in the midst of a campaign could create ethical conflicts.
“Taking a pro-crypto stance is not necessarily troubling, the troubling aspect is doing it while starting a way to personally benefit from it,” Jordan Libowitz, a spokesperson for the government watchdog group Citizens for Responsibility and Ethics in Washington, said earlier this month.
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