UAE, Trump and Crypto
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“This is corruption, plain and simple," said Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee.
President Donald Trump denied on Monday any knowledge of the alleged $500 million investment by Abu Dhabi’s royal family in World Liberty Financial, his family’s cryptocurrency project.
Dubai Insurance partnered with Standard Chartered–backed Zodia Custody to let policyholders pay premiums and receive claims using digital assets.