News

At least two-thirds of all day-one trades of Trump family token World Liberty Financial took place on foreign exchanges, several of which have previously incurred legal or regulatory trouble for enabling illicit finance, and nearly all of which remain off limits to U.S. residents. Of the 10 virtual asset service platforms, or VASPs, that logged the most trades of $WLFI on Tuesday, only two, Coinbase in Delaware and OKX in the Seychelles, have registered as money services businesses, or MSBs, with the Financial Crimes Enforcement Network, also known as FinCEN, and thereby have the credentials required to operate in the...