Trump aims to make US the 'crypto capital of the planet'

Former President Donald Trump has unveiled plans to establish the United States as a dominant force in the global cryptocurrency market.

In a video posted on X, Trump expressed his vision of turning the US into the "crypto capital of the planet."

The video also featured the logo of World Liberty Financial, a decentralized finance (DeFi) project led by his sons, Eric Trump and Donald Trump Jr.

This announcement comes amid increased activity on Trump's social media accounts following his discussion with X owner Elon Musk.

Eric and Donald Trump Jr. have hinted at the upcoming launch of their new DeFi initiative, describing it as a venture focused on "digital real estate."

To engage with their audience, the Trump family has launched a dedicated Telegram channel for World Liberty Financial.

The channel promises to keep followers informed about the progress of their project and provide regular updates.

Shortly after Trump’s announcement, the Telegram channel posted a message stating, “President Donald J. Trump has just tweeted about World Liberty Financial. Let’s show our support and keep pushing forward together.”

This development indicates Trump's continued interest in digital assets and Blockchain technology.

The initiative positions itself as a potential influence on the decentralized finance sector, suggesting a shift in the approach to cryptocurrency in the US.

The launch of World Liberty Financial reflects a move by Trump and his family to play a more significant role in the evolving crypto landscape.

Observers in the cryptocurrency community are closely monitoring the situation, as it could affect regulatory approaches and shape the future of digital finance in the United States.

The project’s success or failure will be closely watched by both supporters and skeptics of Trump’s involvement in the crypto space.