Pakistan Partners U.S. Trump-Linked Crypto Venture
On Wednesday, Pakistan announced that it had entered into an agreement with a company affiliated with World Liberty Financial, the primary cryptocurrency enterprise owned by U.S. President Donald Trump’s family, to examine the potential use of World Liberty’s stablecoin for cross-border transactions.
The Pakistan Virtual Asset Regulatory Authority said in a statement that a memorandum of understanding with SC Financial Technologies, a little-known company it described as an “affiliated entity” of World Liberty, would enable “dialogue and technical understanding around emerging digital payment architectures”.
The announcement represents one of the first publicly announced tie-ups between World Liberty, a crypto-based finance…
