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UAE firm acquires 49% stake in Trump-linked crypto venture
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A UAE investment firm backed by a powerful royal has purchased a 49% stake in World Liberty Financial, a cryptocurrency company tied to the Trump family, for $500 million just days before Donald Trump's second inauguration. The deal, reportedly aimed at securing access to US AI technology, has sparked ethics concerns amid ongoing crypto legislation. Critics, including Senator Elizabeth Warren, have called for congressional scrutiny over potential conflicts of interest.
The U.S. Department of Justice released more than 3 million additional pages, along with thousands of images and videos, related to Jeffrey Epstein on January 30, 2026, claiming full compliance with the Epstein Files Transparency Act. The files include unverified public submissions to the FBI, some containing false claims against President Donald Trump from before the 2020 election. Officials emphasized that mentions of notable figures do not imply wrongdoing.
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The U.S. Senate Agriculture Committee voted 12-11 along party lines to advance a crypto market structure bill on January 29, 2026, marking a milestone despite lacking bipartisan support. Democrats opposed the measure over concerns including ethics rules for President Donald Trump and his family's crypto interests, as well as protections for consumers and the Commodity Futures Trading Commission. The bill now heads to the Senate Banking Committee for further consideration.
At the World Economic Forum in Davos, Western US allies publicly resist President Donald Trump's policies for the first time. EU Commission President Ursula von der Leyen warns against the annexation of Greenland and calls for an independent Europe. Canada's Prime Minister Mark Carney urges medium-sized countries to form an alliance against major powers.
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NATO Secretary General Mark Rutte has spoken with US President Donald Trump about the security situation in Greenland and the Arctic. Rutte announced this on the platform X and looks forward to meeting Trump in Davos later this week. The conversation comes amid Trump's threats of tariffs against several countries, including Sweden and Denmark, if the US is not allowed to take over Greenland.
President Trump has shut down any hopes Diddy had for a presidential pardon. In a recent interview, he revealed receiving a letter from the music mogul but made it clear he's not granting the request. This comes after Diddy's team reached out to the White House following his sentencing last year.
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World Liberty Financial, affiliated with President Donald Trump's family, has applied for a national trust charter from the Office of the Comptroller of the Currency to manage its dollar-backed stablecoin, USD1. The move aims to expand the company's ecosystem and allow easier use of the cryptocurrency. This application comes amid growing regulatory interest in digital assets.
Crypto highlights from Davos World Economic Forum
2026년 01월 23일 15시 51분Germany debates boycotting 2026 world cup over trump's greenland remarks
2026년 01월 22일 16시 25분One year of Trump's pro-crypto policies shows market losses
2026년 01월 22일 12시 17분Donald Trump launches his «Peace Council» at Davos
2026년 01월 22일 08시 24분Jack Smith testifies on Trump investigations in House hearing
2026년 01월 17일 19시 02분Trump expresses concern over moving Hassett from economic role
2026년 01월 16일 01시 22분Trump family's crypto ventures fuel political corruption concerns
2026년 01월 15일 07시 28분Democratic lawmakers allege pay-to-play in SEC crypto dismissals
2026년 01월 10일 17시 28분Washington National Opera parts ways with Kennedy Center
2026년 01월 08일 12시 52분TD Cowen: 2026 'Golden Window' for U.S. Crypto Policy Advances