In the latest edition of Finance Redefined, a weekly newsletter offering crucial decentralized finance (DeFi) updates, significant events unfolded. Former US President Donald Trump's silence on his family's crypto platform disappointed investors during the supposed launch event. The platform, World Liberty Financial, will introduce a nontransferrable governance token called WLFI. Additionally, Republicans in the House of Representatives urged the SEC to clarify its stance on crypto airdrop classification by September's end. Despite Trump's delayed mention of the project during a recent livestream, details about the token were eventually shared. Furthermore, the SEC settled with Rari Capital for alleged misleading investor activities. Tether's stablecoin, USDT, now dominates two-thirds of the stablecoin market. Lastly, users of the Telegram-based trading bot Banana Gun faced a significant loss of digital assets. Overall, the DeFi landscape witnessed various impactful developments this week. Read more AI-generated news on: https://app.chaingpt.org/news