Donald Trump To Unveil Plans to Make US ‘Crypto Capital of the Planet’

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Former President Donald Trump announced his intention on August 29 to unveil a comprehensive plan to establish the United States as the ‘crypto capital of the planet.’

In the announcement, made via a post on his official X account, Trump shared a 17-second video teasing the strategy he plans to unveil.

.@worldlibertyfi pic.twitter.com/mwhVIzPJyq

In the post, Trump tagged World Liberty Financial, a DeFi project actively promoted by his sons.

The video concluded with the World Liberty Financial logo, hinting at the potential involvement of the project in Trump’s broader agenda.

The involvement of World Liberty Financial suggests that this decentralized finance (DeFi) project may play a major role in his proposed strategy.

Donald Trump’s sons initially announced plans to launch a new DeFi project cryptocurrency platform aimed at addressing inequality in banking access with World Liberty Financial.

The platform, which they have referred to as “The Defiant Ones,” seeks to leverage the benefits of DeFi to challenge the traditional banking system – although specific details have yet to be revealed.

DJT: For too long, the average American has been squeezed by the big banks and financial elites. It's time we take a stand—together. #BeDefiant https://t.co/DuEtfRfrjt pic.twitter.com/txPz5FVSsK

Donald Trump has also endorsed “The Defiant Ones” project as part of his broader agenda.

Approximately one hour prior to Donald Trump’s post, World Liberty Financial issued a warning on their Telegram channel urging users to be wary of scams.

“We have been made aware of