Pak Crypto Deal with Links to Trump, Asim Munir Under Scrutiny in India & US: Report
A deal between Pakistan’s barely month-old Crypto Council and US crypto firm World Liberty Financial (WLF) has come under scrutiny in both India and the United States, according to reports. The controversy surrounds the fact that US President Donald Trump’s sons, Eric and Trump Junior, and son-in-law Jared Kushner collectively own 60% of WLF.
For those who may not be aware, the Crypto Council of Pakistan was established just a month ago to promote the growth and development of the cryptocurrency industry in the country. The council is allegedly working closely with the government to create a favorable regulatory environment for crypto-related activities.
The deal in question involves WLF, a US-based crypto firm, and the Crypto Council of Pakistan. According to reports, the two entities signed an agreement to establish a cryptocurrency exchange in Pakistan. The exchange is expected to enable Pakistani citizens to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and others.
What’s got people talking is the fact that Trump’s family members are heavily invested in WLF. This has raised concerns about potential conflicts of interest and the undue influence that Trump’s family may exert on the deal. Critics are questioning whether the deal was signed to benefit Pakistan or to further the interests of Trump’s family.
Another aspect of the deal that has raised eyebrows is the involvement of Pakistan Army chief Asim Munir. According to reports, Munir personally welcomed US officials who came to Pakistan to sign the deal. This has sparked concerns about the military’s role in the deal and whether it has any implications for Pakistan’s national security.
The controversy surrounding the deal has sparked a heated debate in both India and the US. Critics are accusing the Pakistani government of compromising national security by allowing Trump’s family to benefit from the deal. Others are questioning the role of the military in the deal and whether it has any implications for Pakistan’s foreign policy.
The Indian government has been particularly vocal about its concerns. In a statement, the Indian Foreign Ministry said that it was “closely monitoring the situation” and would take all necessary steps to protect the interests of Indian citizens. The Indian government has also demanded an explanation from the Pakistani government about the deal and the involvement of Trump’s family.
In the US, the deal has sparked a debate about the role of Trump’s family in the deal. Critics are accusing Trump’s family of using their influence to benefit from the deal, while others are defending the deal as a legitimate business venture.
The controversy surrounding the deal has also raised questions about the regulation of cryptocurrencies in Pakistan. The Pakistani government has been under pressure to regulate the cryptocurrency industry, which has seen rapid growth in recent years. The deal with WLF is seen as a step in the right direction, but critics are questioning whether the government is doing enough to protect the interests of Pakistani citizens.
In conclusion, the deal between WLF and the Crypto Council of Pakistan has sparked a heated debate in both India and the US. The controversy surrounding the deal has raised concerns about potential conflicts of interest, the role of the military, and the regulation of cryptocurrencies in Pakistan. As the situation continues to unfold, it remains to be seen what the implications will be for Pakistan’s national security and foreign policy.
