Former President Donald Trump remained silent about his family’s upcoming crypto platform, and Republican Party lawmakers urged the SEC to clarify its stance on crypto airdrops.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This week, investors were disappointed after former United States President Donald Trump remained silent on his family’s upcoming crypto platform, World Liberty Financial, during the supposed launch event. However, the team behind the platform said it will launch with a nontransferrable governance token called WLFI.
In more pushback against the US Securities and Exchange Commission’s ambiguity regarding crypto, Republicans in the House of Representatives demanded that the financial regulator clarify its stance on the classification of crypto airdrops by the end of September.
