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Trump Praises Crypto Amid Scrutiny of $500M UAE Stake in Family-Linked Venture

Trump Praises Crypto Amid Scrutiny of $500M UAE Stake in Family-Linked Venture

Author:

Global Cryptocurrency

Published:

2026-02-03 01:04:01

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BTCCSquare news:

Former President Donald TRUMP voiced support for cryptocurrency while distancing himself from a $500 million investment by UAE interests in World Liberty Financial, a digital asset firm tied to his family. The deal, signed days before his hypothetical 2025 inauguration, saw Emirati representatives acquire a 49% stake in the company.

Nearly 75% of the initial $250 million payment flowed to Trump-affiliated entities, with the remainder distributed to co-founders including a U.S. Middle East envoy. The transaction has drawn regulatory attention given Sheikh Tahnoon's dual role as a tech investor with WHITE House-approved access to advanced AI chips and as a political figure with deep Washington connections.

By:

UAE Authorizes AE Coin for Federal Government Payments

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