Home Finance Trump’s connections to cryptocurrency raise doubts about India-Pakistan peace deal.

Trump’s connections to cryptocurrency raise doubts about India-Pakistan peace deal.

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Trump's connections to cryptocurrency raise doubts about India-Pakistan peace deal.

Pakistan has recently signed a significant deal with **World Liberty Financial (WLF)**, a Defi firm where the Trump family holds a 60% stake. This deal has sparked interest due to its timing, following peace talks between India and Pakistan. While Trump claims credit for facilitating peace, India has not confirmed his involvement.

The newly formed **Pakistan Crypto Council (PCC)** has inked several agreements with WLF to enhance crypto investments and innovation. The delegation from WLF, including Zachary Witkoff, son of Trump’s special envoy, has met with top Pakistani officials to solidify the partnership.

A press statement by the finance ministry announced a landmark Letter of Intent signed between WLF and PCC. This agreement aims to accelerate blockchain innovation, stablecoin adoption, and decentralized finance integration across Pakistan.

Key figures from WLF, including **Eric Trump**, **Donald Trump Jr.**, and **Jared Kushner**, have faced criticism for leveraging their connections to the White House for business gains. Additionally, Steve Witkoff, a prominent New York real estate billionaire and close Trump ally, is also involved in the partnership.

The establishment of PCC aims to position Islamabad as a leading digital asset hub in South Asia. The recent addition of **Binance founder Changpeng Zhao (CZ)** as a strategic advisor further boosts Pakistan’s crypto ambitions.

Pakistan is already a formidable player in the crypto space, ranking 9th globally in 2024 with 25 million active users and $300 billion in yearly transactions. With the support of WLF and CZ from Binance, Pakistan aims to rival regional crypto leaders like the UAE, emphasizing blockchain technology.

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