Trump family crypto firm's Pakistan payments deal draws Democratic calls for probe

The business ties between Donald Trump's family crypto venture and the Pakistan government have become a political issue in the United States. Political analysts say Trump suffered a heavy defeat in the midterm elections and that his standing has been falling since. Open criticism is now rising from within his own party too, and his difficulties appear to be growing.

World Liberty Financial, a crypto firm linked to the Trump family, has signed an agreement with Pakistan on digital payments. The deal has drawn allegations that Trump's political office and his private business interests are being mixed. Democratic Party leaders in the US are therefore pressing harder for an inquiry into the deal and the Trump family's financial ties abroad.

World Liberty Financial works in cryptocurrency and digital financial transactions. In January 2026, Pakistan's finance ministry signed a memorandum of understanding (MOU) with SC Financial Technologies, a company linked to it. The aim was to study the possibility of using a stablecoin called USD1 in international transactions. The stablecoin is pegged to the US dollar.

Pakistan's Finance Minister Muhammad Aurangzeb and the company's chief executive officer Zach Witkoff signed the agreement. Prime Minister Shehbaz Sharif, Army chief Asim Munir and several other senior Pakistani officials were present at the event.

The demand for an inquiry arises because the deal raises the question of a conflict of interest. Trump is the US President, and his family's business is forming financial ties with foreign governments. The question being asked is whether private business interests affect government policy.

According to information that emerged on November 11, 2026, Democratic Party lawmakers are preparing to use parliamentary powers to investigate foreign investment, financial transactions and possible conflicts of interest in the Trump family's crypto business. The matter has become more sensitive because the family of Steve Witkoff, a close Trump associate and special envoy to the Middle East, is also said to be linked to this business network. It is not yet clear, however, whether any separate investigation against Pakistan has begun.

Pakistan has put forward its position. Pakistan's Virtual Assets Regulatory Authority has rejected allegations that government money was invested in the Trump family's crypto company. The authority says Pakistan has not bought shares in the company or put in any government funds. The agreement is said to be only for studying digital payments, blockchain technology and the possibilities of sending money across borders.

Pakistan plans to use stablecoins to make remittances from abroad faster and cheaper. The US opposition's question is a separate one. It demands a transparent inquiry into whether the Trump family's business striking deals with foreign governments creates political advantage or policy influence. The dispute is thus no longer limited to the crypto business and has become linked to US-Pakistan relations and to Trump's financial transparency.