🇺🇸 Trump Denies Knowledge of UAE-Linked World Liberty Stake
President Donald Trump denied knowing about reports that an Emirati-linked group acquired a large share of World Liberty Financial — the crypto venture connected to his family — amid broader market and regulatory moves.
Key Facts:
🔍 Trump says he wasn’t aware of reported claims that a UAE entity bought a stake in World Liberty Financial.
🪙 Tether’s market cap hit a record $187.3 B, showing resilience despite recent crypto turbulence.
📉 China banned unapproved yuan-linked stablecoins, tightening its crypto policy landscape.
Expert Insight:
Political narratives and governance concerns around high-profile crypto ventures can intensify market sentiment swings — even as established digital assets like Tether expand. Regulatory shifts in major economies (e.g., China) and political headwinds may shape crypto allocation and risk appetite going forward.
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