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US grants preliminary approval of bank charter for Trump-linked crypto firm

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US grants preliminary approval of bank charter for Trump-linked crypto firm
US grants preliminary approval of bank charter for Trump-linked crypto firm
A regulator has given conditional approval for a bank charter application tied to World Liberty Financial, the cryptocurrency firm associated with the Trump family. The Office of the Comptroller of the Currency announced the move on Friday afternoon, which Democrats will argue raises conflict-of-interest concerns. Fina
CNBC
CNBC1 hrs ago
Trump family-backed crypto firm World Liberty gets conditional bank charter approval
The OCC conditionally approved World Liberty Trust Company’s national trust bank charter. That would allow the Trump family-backed firm to issue stablecoins.
Treasury Department Grants Banking Charter To Witkoff, Trump Family-Owned Crypto Firm
Treasury Department Grants Banking Charter To Witkoff, Trump Family-Owned Crypto Firm
Wall Street Journal
Wall Street Journal🏁 first to report1 days ago
Charter Gets Final State Approval for $21.9 Billion Cox Deal - WSJ
Charter Gets Final State Approval for $21.9 Billion Cox Deal  WSJ