RT BSCN (@BSCNews)🚨 TRUMP-LINKED WLFI TO LAUNCH “WORLD SWAP”!@DonaldTrump-backed @worldlibertyfi is launching “World Swap” to challenge traditional remittance giants.- Built around $USD1 stablecoin- Targets high-fee cross-border transfers- More details coming at Mar-a-Lago eventThe bigger picture 👇 ...

Trump-backed World Liberty Financial to roll out foreign exchange remittance service: report https://t.co/6uxOZfqUl8 ...

By Selena Li HONG KONG, Feb 12 (Reuters) - World Liberty Financial, a crypto venture backed by the family of U.S. ‌President Donald Trump, said on Thursday it plans ‌to roll out a new foreign exchange and remittance platform, offering simplified services ​with lower fees. The firm will launch the platform, World Swap, soon, Zak Folkman, co-founder of World Liberty told the audience of the Web 3 event Consensus in Hong Kong. "There's over $7 trillion ‌of money moving around ⁠the world from currency to ...

Core Insights - Binance holds $4.7 billion of the total $5.4 billion supply of the stablecoin USD1, representing the highest concentration on any third-party exchange among the top 10 stablecoins by market capitalization [2] - USD1 is now the fourth-largest stablecoin by market capitalization, designed to maintain a 1:1 peg with the U.S. dollar, surpassing PayPal USD and Dai [4] Group 1 - Binance's control over USD1 raises concerns about concentration risk, as it holds approximately 87% of USD1 in wallets controlled by the exchange [2][3] - The exchange's involvement with USD1 is described as limited to standard listing, infrastructure, and market-access services [3] - Binance's 2023 settlement with the Treasury Department prohibits it from serving American customers, indicating a strategic limitation in its operations [3] Group 2 - The stablecoin USD1 was utilized in a $2 billion deal between Abu Dhabi investment firm MGX and Binance, which has led to allegations of a potential quid pro quo involving the Trump family and Binance's former CEO [5] - Binance's CEO has denied allegations of impropriety, clarifying that the transaction was a payment rather than an investment in World Liberty Financial [6] - Binance's U.S. affiliate is reportedly preparing for a comeback, as stated by the CEO at the World Economic Forum [6]

Group 1: Hong Kong's Crypto Regulation - Hong Kong is set to issue stablecoin licenses next month and will publish a framework for perpetual contracts to develop its local crypto economy [1] - The Chief Executive, Financial Secretary, and CEO of the Securities and Futures Commission emphasized their regulatory priorities for the crypto sector [1] Group 2: AI and Financial Trends - Financial Secretary Paul Chan highlighted AI as a maturing trend, suggesting the emergence of a "machine economy" where AI agents can manage digital assets and transact on-chain [2] - Predictions for Bitcoin's price reaching $150,000 were reiterated by Skybridge Capital's Anthony Scaramucci, citing potential legislative changes in the U.S. [2][3] Group 3: Decentralized Finance (DeFi) - Joe Lubin from Consensys described Ethereum as "anti-fragile," which is crucial for supporting decentralized finance and enabling developers to create more robust financial systems [3] - DeFi is considered to be as safe as traditional finance, according to industry insights [4] Group 4: Market Integrity and Regulation - Smaller jurisdictions are focused on maintaining market safety and integrity in the crypto space, as stated by Gibraltar's minister for justice, trade, and industry [4][5] - The importance of reputation in the crypto market was emphasized, noting that a single market failure could have widespread repercussions [5] Group 5: Market Opportunities - Bitmine's Tom Lee suggested that investors should focus on opportunities rather than selling, despite significant unrealized losses in ether holdings [6] - The final day of Consensus will feature discussions on scaling Bitcoin, Ethereum, and Solana blockchains, indicating ongoing interest in blockchain technology [7]

Group 1: Market Overview - Futures are indicating cautious gains across Europe and the US ahead of a crucial non-farm payrolls report, with White House officials managing expectations [1] - European futures are mixed, with the UK stock market expected to improve, while the US markets show a patchy picture, particularly with technology stocks facing downward pressure [12][13] Group 2: Company Announcements - Heineken is cutting up to 6,000 jobs over the next two years and lowering its growth forecast for the fiscal year, now expecting profits to grow between 2% and 6% compared to previous guidance of 4% to 8% [16][17] - Commerce Bank reported better-than-expected earnings in the fourth quarter and anticipates that net profit in 2026 will exceed targets [2] - Total Energies is facing challenges due to low oil prices and is focusing on increasing energy production by 5% overall for the year [6][9] Group 3: Financial Performance - Heineken achieved a 4.4% organic growth in revenue and a 2.6 billion euros free operating cash flow, with a margin expansion of 40 basis points [18] - BP has suspended its buyback program to repair its balance sheet, while Total Energies confirmed a buyback guidance of between 3 billion and 6 billion dollars for crude prices between $60 and $70 per barrel [7][8] Group 4: Strategic Initiatives - Heineken's CEO emphasized the importance of productivity and cost-cutting measures as part of their evergreen strategy, aiming for annual savings of 400 to 500 million euros [22] - Total Energies is exploring solar energy partnerships, indicating a shift towards renewable energy sources [10][11] Group 5: Industry Trends - The European food and drink sector is facing challenges in developed markets, while emerging markets show growth potential due to urbanization and increasing GDP [30] - The oil and gas industry is experiencing pressure from low prices, prompting companies like BP and Total to adjust their strategies [6][7]

I feel like before I make this video, I need to make a statement for everyone out there. I do not care about politics. I don't care about red or blue or anything like that.In this video, I'm going to be going over a ton of information and I will make you guys have your own assumption on what's happening here. Um, but one thing that is very clear is it feels as if we have been getting played this entire time. I'm going to go over a lot of things.Um, again, I don't care about what political party you support. ...

🚨JUST IN: BINANCE REPORTEDLY HOLDS 87% OF TRUMP WLFI STABLECOINPer @forbes Binance holds approximately 87% of all USD1 in circulation—roughly $4.7 billion of the $5.4 billion total supply of $USD1 the highest concentration at any third-party exchange among the top 10 stablecoinsA Trump-affiliated LLC owns about 38% of World Liberty Financial, which stands to profit from its stablecoin by investing the dollars backing USD1 in assets like U.S. TreasurysThe founder of Binance - "CZ" was pardoned by Trump less ...

The crypto wipeout that vaporized $1 trillion in market value over the past three months has afflicted all corners of the industry—including the numerous crypto ventures tied to President Donald Trump’s family. But while the family’s portfolio is down across the board, some assets have been hit harder than others. Since Oct. 10, when the crypto market witnessed what’s since been dubbed the “flash crash,” the worst-performing crypto asset tied to the Trump family has been American Bitcoin’s stock. The Bi ...

Core Insights - The crypto market structure bill, known as the CLARITY Act, is gaining legislative urgency due to increased campaign funding from the crypto PAC Fairshake, which has raised $193 million for the 2026 midterms [1][2]. Group 1: Legislative Developments - Senate Majority Leader Chuck Schumer is intensifying efforts to pass the CLARITY Act, urging Senate Democrats to expedite the legislation [2]. - The urgency for the bill is linked to Fairshake's significant financial backing, which is expected to influence the upcoming election cycle [2][3]. Group 2: Political Dynamics - The PAC's strategy includes targeting candidates in the upcoming elections, prompting Schumer's shift to retain industry support and prevent donor migration to Republican rivals [3]. - Internal friction exists among Democrats regarding amendments that would prevent high-level officials from profiting from digital assets, complicating Schumer's efforts to unify the caucus [5]. Group 3: Industry Concerns - A technical standoff persists between banks and crypto exchanges, with the Senate Banking Committee recently pulling the bill from its schedule due to banks' fears of a "deposit flight" [6]. - The core issue revolves around whether stablecoin issuers, such as Coinbase Global Inc., can offer rewards or yield, highlighting ongoing tensions in the regulatory landscape [6].