Trump Family-Backed World Liberty Financial Receives Preliminary Approval for U.S. National Trust Bank Charter

2026-08-24 17:35 Source： www.bloomberg.com Event types： Online/Update 、 Regulation/Compliance

According to Bloomberg, the Trump family-backed cryptocurrency project World Liberty Financial has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, with plans to establish World Liberty Trust Company. Upon final approval, the institution will be able to directly issue and redeem the stablecoin USD1, manage its reserve assets, and provide digital asset custody services.

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