Trump family's World Liberty Financial granted bank status

A Trump-appointed bank regulator has given conditional approval for World Liberty Financial, a crypto business established by President Trump's sons and the sons of special envoy Steve Witkoff, to become a bank. Nancy Cordes reports.

A national bank regulator granted a wing of the Trump family's crypto business conditional approval to establish a bank charter, opening the door for larger clients.

Trump Family’s World Liberty Financial Gets Preliminary Approval to Launch a Bank  WSJ

The Office of the Comptroller of the Currency granted preliminary approval Friday for World Liberty Financial, the cryptocurrency venture co-founded by President Trump and his sons, to establish a national trust bank that would issue and manage its USD1 stablecoin.

US regulator approves bank charter for Trump-backed crypto company World Liberty Financial  Reuters

Aug 14 : A national U.S. bank regulator on Friday conditionally approved a bank charter application linked to President Donald Trump and his family’s crypto venture, World Liberty Financial, effectively greenlighting an expansion of its stablecoin operations.The Office of the Comptroller of the Currency said in a lette