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Trump-Backed Crypto Co. Get Initial OK For Bank Charter

By Jon Hill ( August 14, 2026, 7:40 PM EDT) -- The Office of the Comptroller of the Currency on Friday preliminarily approved a closely watched charter application from World Liberty Financial, moving the Trump family-tied…

Law360

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Aug 14, 2026 at 11:40 PM UTC · 1 phút đọc

Trump-Backed Crypto Co. Get Initial OK For Bank Charter
Image via Law360

By Jon Hill ( August 14, 2026, 7:40 PM EDT) -- The Office of the Comptroller of the Currency on Friday preliminarily approved a closely watched charter application from World Liberty Financial, moving the Trump family-tied cryptocurrency venture closer to launching a federally regulated trust bank....

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Why this matters

Preliminary OCC approval would move a politically connected crypto venture closer to operating within the federal banking system, potentially expanding the path for digital-asset firms to seek regulated trust-bank status. The decision could also intensify scrutiny of chartering standards, conflicts concerns and how federal bank oversight applies to crypto-related businesses.

#government-policy#crypto

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Originally reported by Law360

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