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Which regulatory body will issue guidelines or restrictions on World Liberty Financial's stablecoin by end of 2025?
2
Resolution / Starting Odds
SEC • 25%
CFTC • 25%
Federal Reserve • 25%
Other/None • 25%
Official publications or announcements from regulatory bodies such as the SEC or CFTC
Story
Trump's World Liberty Financial to Launch $14M Stablecoin on Ethereum
Oct 28, 2024, 05:24 PM
Former President Donald Trump's crypto project, World Liberty Financial, plans to launch its own stablecoin. The project, which recently raised $14 million in an initial token sale, aims to issue a stablecoin on the Ethereum blockchain. This development could lead to both legal and ethical complications, as well as significant profits. The increasing demand for stablecoins, particularly in emerging markets facing currency devaluation, underscores the potential impact of this initiative. The stablecoin market has seen a rapid rise, with Tether growing from $10 billion to over $120 billion in circulation, demonstrating the demand for U.S. dollar-backed assets.
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European Securities and Markets Authority (ESMA) • 25%
Financial Conduct Authority (FCA) • 25%
Monetary Authority of Singapore (MAS) • 25%
Other • 25%
Federal Reserve • 25%
Securities and Exchange Commission (SEC) • 25%
Commodity Futures Trading Commission (CFTC) • 25%
Other • 25%
Yes • 50%
No • 50%
SEC • 25%
U.S. Treasury • 25%
Federal Reserve • 25%
Other • 25%
SEC • 25%
CFTC • 25%
Federal Reserve • 25%
Other • 25%
European Central Bank (ECB) • 25%
Financial Conduct Authority (FCA) • 25%
People's Bank of China (PBOC) • 25%
Other • 25%
SEC • 25%
FINRA • 25%
European Securities and Markets Authority (ESMA) • 25%
Other • 25%
Binance • 25%
Coinbase • 25%
Kraken • 25%
None of the above • 25%
More stringent regulations • 25%
Less stringent regulations • 25%
No change in regulations • 25%
Complete ban • 25%
Securities and Exchange Commission (SEC) • 25%
Commodity Futures Trading Commission (CFTC) • 25%
Federal Reserve • 25%
Office of the Comptroller of the Currency (OCC) • 25%
