Trump’s $4.1bn WLFI windfall throws coming crypto regulation into doubt – DL News
- World Liberty Financial token boosts President’s net worth.
- Analysts warn it could impede crypto market structure legislation.
- Not everyone is so pessimistic about the situation.
President Donald Trump’s net worth ballooned on paper by $4.1 billion on Monday after his family’s DeFi venture, World Liberty Financial, unleashed trading for its WLFI token.
That windfall could now hinder efforts to pass key crypto legislation, as it entwines the value of the president’s crypto holdings with industry regulation more than ever before, say analysts.
The WLFI token’s multi-billion dollar market value “turns a ‘crypto policy’ vote into an ‘enrich the president’s family vote,’” Sam Mudie, co-founder and CEO of Savea, a crypto…
