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Trump family-backed World Liberty Financial will soon launch a debit card and a retail app.

The retail app is meant to merge peer-to-peer transfers with trading features.

This was revealed by co-founder Zach Folkman during a panel at Korea

Blockchain League. The products were pitched as a way to plug the project Stablecoin USD1 into

everyday payments, including Apple Pay integration. Separately, World Liberty said it signed a memorandum

of understanding with South Korean Exchange Bittham to explore business opportunities.

Finance founder, CZ, considers opening

WISY Labs to external investors. According to the Financial Times, the $10 billion investment

company, which was rebranded from Binance Labs, is open to the possibility of converting

into an investment fund. Wisey Labs rebranded from being Binance's venture capital arm to Zal's

family office shortly after his release from prison after a four-month prison sentence

for failing to set up an adequate know-your-customer program at Binance.

As part of his guilty plea, he stepped down as Binance CEO

and turned his attention to WISI Labs,

which manages the money of Zau and his co-founder and partner, Yehate.

Thank you. which manages the money of Zau and his co-founder and partner, Yehate. And the 38th week of this year is the historically third worst performing week for Bitcoin,

with the largest cryptocurrency by market cap, averaging a 2.5% decline. This week, Bitcoin is already down nearly 2%, trading at around $113,000, with September's monthly options expiry,

pointing to a max pain level at $110,000, according to Derbit.

Despite this weekly dip, Bitcoin remains 4% higher in September and up 6% for the quarter,

with roughly 14 weeks left in the year.

And most of those weeks, historically producing positive returns, this may represent a calm before potential volatility. That's our app for CoinDesk

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