Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
WLFI's Regulatory Revamp: Will Bringing McCain on Board Ease Concerns About Connections to Trump?

WLFI's Regulatory Revamp: Will Bringing McCain on Board Ease Concerns About Connections to Trump?

Bitget-RWA2025/10/30 01:26
By:Bitget-RWA

- WLFI's WLF token surged 7% after hiring ex-Robinhood legal chief Mack McCain, boosting investor confidence in its politically linked crypto project. - McCain's regulatory expertise aims to strengthen WLFI's RWA tokenization strategy, aligning with global frameworks like EU MiCA to attract institutional investors. - Trump family's 22B WLFI tokens ($4B value) face scrutiny amid calls for stricter crypto regulations on political figures' ventures. - Analysts debate WLFI's viability: McCain's hire could enha

World Liberty Financial (WLFI), a digital currency initiative with strong connections to Donald Trump's business interests, experienced a surge of more than 7% in its WLF token after Mack McCain was named General Counsel. The company referred to this recruitment as a "significant achievement," which has increased investor optimism for the politically sensitive project that has attracted both excitement and doubt since its inception, according to

. McCain, who previously held executive roles at Robinhood and has over ten years of expertise in financial regulation and fintech compliance, offers valuable knowledge in managing international regulatory environments—a crucial advantage as the crypto sector faces growing oversight.

McCain’s professional background features leadership positions at Robinhood, where he managed legal operations for global brokerage services and AI-powered investment platforms, as well as earlier roles at Charles Schwab and Scottrade, as reported by Cryptopolitan. His arrival highlights WLFI’s commitment to regulatory compliance, especially as the company advances its Real-World Asset (RWA) tokenization program, which connects blockchain tokens to physical assets such as property and raw materials. This approach is designed to draw institutional investors and position

as a regulatory-compliant fintech organization amid shifting international crypto laws, including the EU’s MiCA rules and new U.S. legislative measures.

WLFI's Regulatory Revamp: Will Bringing McCain on Board Ease Concerns About Connections to Trump? image 0

The WLF token’s recent jump to $0.1479—one of its most notable single-day increases this quarter—occurred alongside the announcement of McCain’s appointment. WLFI has also rolled out token distribution initiatives, such as a $1.2 million WLFI token airdrop to early adopters of its

stablecoin rewards program, as detailed in . This airdrop, part of a larger campaign to boost user engagement, follows a June 2025 "thank you" airdrop that distributed $4 million in USD1 stablecoin. USD1, now the world’s sixth-largest stablecoin with a $2.94 billion market value, has featured in major deals, including a $2 billion transaction between Abu Dhabi’s MGX and Binance, according to .

Despite these positive moves, WLFI continues to face political and regulatory challenges. The Trump family’s holding of more than 22 billion WLFI tokens, worth about $4 billion, has raised concerns, especially after President Trump’s contentious pardon of Binance founder Changpeng Zhao, which drew criticism from both parties. Lawmakers such as Senators Elizabeth Warren and Maxine Waters have advocated for tighter controls on crypto projects linked to political figures, citing potential conflicts of interest.

Experts remain split on WLFI’s prospects. While McCain’s addition and the RWA strategy may boost the project’s reputation, doubts persist regarding the company’s openness and its capacity to maintain price momentum. Zak Folkman, a WLFI co-founder, stressed that McCain’s skill in merging compliance with innovation is crucial as the firm navigates global regulatory challenges. At the same time, detractors caution that the project’s association with the Trump name could lead to instability as the 2026 U.S. elections near.

Currently, WLFI’s token is valued at approximately $0.1478, marking a 17.8% increase over the past week, though it remains nearly 70% below its September 2025 high of $0.46. Market analysts suggest that the company’s future will depend on its ability to build legal trust and operational clarity, which could help shift its image from a politically charged token to a mainstream fintech contender.

---

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Updates Today: Major Gaming Companies Surpass Crypto as Optimism Moves Toward Regulated Digital Marketplaces

- Ethereum's 4.44% two-day drop contrasts with RSI's 19.7% YoY revenue surge, highlighting shifting investor priorities toward regulated digital entertainment. - RSI's Q3 results beat estimates by 24.5% on strong U.S. casino growth, with 46% YoY user growth and record first-time deposits. - RSI raised 2025 guidance to $1.11B revenue and $150M EBITDA, driven by cost-cutting and Alberta market expansion, outperforming gaming sector peers. - Analysts note RSI's disciplined growth model is reshaping "bullish"

Bitget-RWA2025/10/30 20:36
Ethereum Updates Today: Major Gaming Companies Surpass Crypto as Optimism Moves Toward Regulated Digital Marketplaces

Ethereum News Today: "Major Investors Withdraw from Ethereum ETFs While Bitcoin Sees $931M Inflow Boom"

- Ethereum fell below $3,720 as whale activity and exchange outflows signaled shifting crypto sentiment, contrasting Bitcoin's $931M net inflows driven by U.S. inflation optimism. - Ethereum ETFs faced $555M in two-week redemptions, while Bitcoin ETFs gained $446M, highlighting institutional capital's preference for Bitcoin amid macroeconomic uncertainty. - Softer U.S. inflation data and Fed rate cut expectations fueled risk appetite, yet Ethereum struggled to recover as investors awaited key economic data

Bitget-RWA2025/10/30 20:36
Ethereum News Today: "Major Investors Withdraw from Ethereum ETFs While Bitcoin Sees $931M Inflow Boom"

Bitcoin Updates Today: A New Wave of Whales Brings Volatility to the Bitcoin Market

- Bitcoin struggles to hold above $113,000 STH cost basis, risking a drop to $88,000 as short-term holders face losses and long-term holders offload 104,000 BTC this month. - New whales (45% of Whale Realized Cap) now hold Bitcoin at $112,788 cost basis, exposed to losses as price dips below their entry point for the first time in over a year. - Market fragility grows with STH-NUPL at -0.05 and LTH distribution, while Fed policy uncertainty and inexperienced whale behavior threaten to amplify volatility. -

Bitget-RWA2025/10/30 20:36
Bitcoin Updates Today: A New Wave of Whales Brings Volatility to the Bitcoin Market