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MainNewsTrump’s Cryp...

Trump’s Crypto Venture Launches: Limited US Access to World Liberty Financial


Oct, 01, 2024
2 min read
by Watcher.Guru
Trump’s Crypto Venture Launches: Limited US Access to World Liberty Financial

Trump’s crypto venture, World Liberty Financial, has officially launched, marking a significant development in the cryptocurrency landscape. The platform is operating as a DeFi protocol on the Ethereum’s blockchain. Its goal is to offer users crypto borrowing and also lending.

Also Read: Stay Ahead: Metaplanet ¥1 Billion Bitcoin Purchase Explained

Exploring Trump’s Crypto Venture: World Liberty Financial and DeFi Protocol with Limited US Access

Limited Access for US Investors

World Liberty Financial’s launch comes with restrictions for US-based investors. Currently, only accredited investors in the United States can access the platform.

According to SEC guidelines, accredited investors must have a net worth of at least $1 million or an annual income of $200,000 individually ($300,000 with a spouse) for the past two years.

Global Accessibility

Even though the US access is limited, the platform is open to all non-US persons. World Liberty Financial intends to expand access to all Americans in the future, stating:

“We envision a future in which all Americans can make use of this venue and have equal access to tools and opportunities.”

Trump’s Stance on Cryptocurrency

The involvement of the former president in this crypto venture shows a significant change from his anti-cryptocurrency views from a few years ago. Trump now wants to be perceived as a pro-digital asset candidate for the November election.

He made the following statement on the topic:

“[I want to ] help make America the crypto capital of the world.”

Also Read: Top 3 Cryptocurrencies To Watch In Early October 2024

Platform Features

World Liberty Financial works on the Ethereum’s blockchain, and it focuses on DeFi services. Users can connect their crypto wallets to the site and undergo a know-your-customer verification process. The platform wants to provide tools and opportunities to investors.

Future Prospects

As World Liberty Financial become more used, it could also influence the broader cryptocurrency market and regulatory setup. The platform’s development is being closely watched by investors, analysts, and policymakers alike.

Also Read: Bitcoin Falls to $63K After Fed’s Rate Cut Hints: Investor Alert!

Read the article at Watcher.Guru

Read More

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Trump’s Crypto Venture Launches: Limited US Access to World Liberty Financial


Oct, 01, 2024
2 min read
by Watcher.Guru
Trump’s Crypto Venture Launches: Limited US Access to World Liberty Financial

Trump’s crypto venture, World Liberty Financial, has officially launched, marking a significant development in the cryptocurrency landscape. The platform is operating as a DeFi protocol on the Ethereum’s blockchain. Its goal is to offer users crypto borrowing and also lending.

Also Read: Stay Ahead: Metaplanet ¥1 Billion Bitcoin Purchase Explained

Exploring Trump’s Crypto Venture: World Liberty Financial and DeFi Protocol with Limited US Access

Limited Access for US Investors

World Liberty Financial’s launch comes with restrictions for US-based investors. Currently, only accredited investors in the United States can access the platform.

According to SEC guidelines, accredited investors must have a net worth of at least $1 million or an annual income of $200,000 individually ($300,000 with a spouse) for the past two years.

Global Accessibility

Even though the US access is limited, the platform is open to all non-US persons. World Liberty Financial intends to expand access to all Americans in the future, stating:

“We envision a future in which all Americans can make use of this venue and have equal access to tools and opportunities.”

Trump’s Stance on Cryptocurrency

The involvement of the former president in this crypto venture shows a significant change from his anti-cryptocurrency views from a few years ago. Trump now wants to be perceived as a pro-digital asset candidate for the November election.

He made the following statement on the topic:

“[I want to ] help make America the crypto capital of the world.”

Also Read: Top 3 Cryptocurrencies To Watch In Early October 2024

Platform Features

World Liberty Financial works on the Ethereum’s blockchain, and it focuses on DeFi services. Users can connect their crypto wallets to the site and undergo a know-your-customer verification process. The platform wants to provide tools and opportunities to investors.

Future Prospects

As World Liberty Financial become more used, it could also influence the broader cryptocurrency market and regulatory setup. The platform’s development is being closely watched by investors, analysts, and policymakers alike.

Also Read: Bitcoin Falls to $63K After Fed’s Rate Cut Hints: Investor Alert!

Read the article at Watcher.Guru

Read More

Russia Finance Ministry Calls to Create Its Own Crypto Stablecoin

Russia Finance Ministry Calls to Create Its Own Crypto Stablecoin

In what would be a major development for the country and the industry, Russia has see...
Apr, 16, 2025
2 min read
by Watcher.Guru
De-Dollarization: Will Tariffs Push Countries Away From The USD?

De-Dollarization: Will Tariffs Push Countries Away From The USD?

The de-dollarization movement has seen steady growth over the last decade. The BRICS ...
Apr, 18, 2025
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