A company associated with US President Donald Trump, DT Marks DeFi LLC, has reportedly decreased its investment in World Liberty Financial (WLF) over the past 11 days. Forbes reported that DT Marks DeFi LLC, which held a 75% stake in WLF as of December 2024, saw its ownership drop to approximately 60% in January and further to 40% after June 8. While it remains uncertain if the Trump family profited from this divestment, analysts suggest it could yield millions. This move comes as US lawmakers are pushing for investigations into Trump's connections to the cryptocurrency sector. Additionally, WLF launched its own USD1 stablecoin in March, coinciding with the advancement of the GENIUS Act, which aims to regulate payment stablecoins. The act recently passed the Senate with bipartisan support but may face hurdles in the House due to Trump's crypto affiliations. Trump has publicly urged for the bill's swift passage, amidst ongoing controversies surrounding his cryptocurrency policies. Read more AI-generated news on: https://app.chaingpt.org/news