Pakistan Wose Trump Family with Crypto Tie-Up; Call of India’s approach call: We have seen this …
Pakistan hosted officials World Liberty FinancialA cryptocurrency firm by the Trump family is majority owned. Defee platform60%owned by a Trump family unit, signed a letter of intentions Pakistan Crypto Council To accelerate blockchain innovation and stabechoin adoption across the country. The agreement was signed during high level meetings, where World Liberty officials met Pakistan Prime Minister Shahbaz Sharif and Army chief General Asim Munir.
With support from Pakistan Crypto Council, World Liberty and Binen founder Changpeng JhaoThe country has to be installed as “Crypto Capital of South Asia“The Council has criticized India’s 30% tax on Crypto trades, suggesting that Pakistan will take a more liberal view.” We have seen this mistake before. Council chief bin Sagib told Bloomberg, “India reduced the amount of exchange by imposing 30% tax on its crypto trades, our approach would be different.
Trump family’s deep participation
Trump connection is sufficient for world liberty. A unit called DT Marks Defi LLC holds about 60% of the holding company and deserves 75% of some revenue from the sale of coins. President Trump serves as “Chief Crypto Advocate”, while sons Eric and Donald Jr. holds the title of “Web 3 Ambassador” and the youngest son Baron is listed as “Defee Visionary”.
The company raised around $ 300 million by selling tokens in October 2024 and planned to launch a stabelcoin called USD1.
Between regional tension between India and Pakistan signed the deal
The deal time is important, the terrorists came to Pahgam five days after attacking tourists and killed 26 and there was a sharp increase in India-Pakistan tension. India has said that two out of three attackers were Pakistani, while Pakistan has denied any participation.
Indian policy advisors have expressed concern that cost-effective exchange in Pakistan can remove trading activity from India, potentially pose a national security risk if Indian financial data comes into Pakistani hands.
The New York Times has raised questions about the pronunciation of Trump’s policy and possible conflicts between his crypto business interests, given that the firm has “erased the norms of the centuries -old President, which explains the limits between private enterprises and government policy.”
