Experts Warn Trump-Linked WLFI Could Complicate Senate Market Structure Bill

World Liberty Financial, a cryptocurrency company tied to the Trump family, has begun trading under the symbol $WLFI. Its political connections are raising concerns among experts, who fear its involvement could hinder the passage of the CLARITY Act—a market structure bill designed to regulate digital assets, including stablecoins.

Jake Chervinsky, a prominent crypto legal expert, argues that the company’s ties to former President Trump introduce conflicts of interest. Democrats may resist supporting legislation perceived to benefit Trump’s financial interests, jeopardizing the seven Democratic votes needed for Senate approval.

The debate underscores the growing intersection of politics and cryptocurrency regulation. With Trump’s active engagement in the space, the bill’s fate now hinges on navigating partisan tensions as much as policy considerations.