BlockBeats Information, February fifteenth. Two Democratic senators wrote to Treasury Secretary Janet Yellen requesting an evaluation of whether or not the UAE government-linked entity’s $500 million funding within the crypto firm World Liberty Monetary ought to bear a Committee on International Investment in america (CFIUS) nationwide safety assessment. The committee, led by the Treasury Division, is accountable for reviewing overseas funding transactions that will contain delicate expertise or knowledge.
In keeping with The Wall Road Journal, a member of the Abu Dhabi royal household, Sheikh Tahnoon Bin Zayed, supported G42, backed by Aryam Investment 1, in buying a 49% stake in World Liberty Monetary. Stories point out that some of the funds flowed to the Trump household and its associates. The Trump facet has denied any information.
Senators Elizabeth Warren and Andy Kim questioned of their letter whether or not the transaction would possibly give a overseas authorities entry to consumer knowledge, mentioning G42’s earlier collaboration with Chinese language corporations. They requested the Treasury Division to clarify by March fifth whether or not they have initiated a assessment course of or suggested the President.
World Liberty Monetary is the issuer of the stablecoin USD1, which has had a circulating provide of over $5 billion since its launch in March 2025. The corporate lists Trump and Center East envoy Steve Witkoff as honorary co-founders. An organization spokesperson beforehand acknowledged that the 2 weren’t concerned within the UAE-related transaction.
