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Pakistan exchange companies sell $6 billion to banks in FY26 amid record remittances
Exchange companies sold $6bn to banks in FY26, averaging $500m monthly, as Pakistan's remittances hit a record $41.6 billion
Jul 13, 2026
Jul 13, 2026
Exchange companies sold $6bn to banks in FY26, averaging $500m monthly, as Pakistan's remittances hit a record $41.6 billion
As one of the first crypto-friendly US Presidents, Donald Trump reported more than USD 1.4 billion in income from his family’s crypto ventures last year, underscoring how digital assets now dominate his earnings, according to his 2025 annual financial disclosure reviewed Tuesday.
The filings show his companies took in nearly USD 800 million from World Liberty Financial (the crypto venture he co-founded with his sons), more than USD 520 million from token sales and over USD 250 million from selling interests in the business. Trump also reported USD 635 million from sales of his Trump-themed meme coins.
According to a Reuters report, the surge marks a dramatic escalation from a year earlier, when Trump reported USD 57.35 million from World Liberty token sales. Reuters has estimated the Trump family has made at least USD 2.3 billion from crypto-related projects since his 2025 return to the White House.
Trump’s policy moves have aligned with industry priorities, from setting federal rules for stablecoins to scaling back enforcement by the Justice Department and the Securities and Exchange Commission. The White House says his business interests are overseen by his children, though he remains the beneficiary of the trust that receives the income.
Beyond crypto, Trump reported more than USD 80 million from settlements with media companies and USD 52 million from licensing his name to overseas property developers, led by Middle Eastern deals. Traditional businesses also grew: revenue at his golf and resort properties rose about 15% to just over USD 500 million, with Mar-a-Lago jumping to USD 77 million from USD 50 million in 2024, and his West Palm Beach club up 27%. His Los Angeles course declined. Real estate income ranges were mostly flat or lower versus a decade ago.
“Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest,” White House spokesperson Anna Kelly said, adding Trump “made the United States the crypto capital of the world through executive actions.”
The Trump Organization called the nearly 1,000-page report one of the most comprehensive ever, citing “a level of financial transparency unmatched in presidential history.” World Liberty Financial declined to comment.
Don Fox, former acting head of the Office of Government Ethics, noted presidents and vice presidents are exempt from conflict-of-interest laws that bind other executive-branch employees.
“Every president in the post-Watergate era has managed his finances as though he were subject to conflicts of interest,” he said. “With Trump, those norms are just totally out the window,” adding the case for new ethics limits on the types of investments top officials can hold is stronger than ever.
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