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Crypto

Trump-linked World Liberty crypto venture gets preliminary approval from currency comptroller

World Liberty, a crypto venture linked to Donald Trump, has reportedly received preliminary approval from the U.S. currency comptroller. The report, cited by Fox Business, does not specify the exact scope or conditions of the approval.

Fox Business

Publisher

Aug 15, 2026 at 12:33 AM UTC · 3 분 소요

Trump-linked World Liberty crypto venture gets preliminary approval from currency comptroller
Image via Fox Business

Key Signal

38% Trump family affiliated ownership

Market Impact

BTC+6.33%$77,328

Last Updated

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ProCap Financial Chairman and CEO Anthony Pompliano joins 'Varney & Co.' to discuss bitcoin's long-term growth potential, government money printing and his new AI financial platform, Silvia.

The Office of the Comptroller of the Currency (OCC) on Friday granted preliminary conditional approval for a national trust bank tied to World Liberty Financial, a crypto venture partially owned by President Donald Trump's family.

The decision, announced in a letter posted on the OCC's website, advances World Liberty Financial's plans to establish a national trust bank focused in part on issuing and managing the USD1 stablecoin.

World Liberty Trust Company, National Association, would be based in Bay Harbor Islands, Florida, and plans to issue and redeem USD1, maintain reserves backing the stablecoin and provide digital asset custody and related services to institutional customers.

In its letter, the OCC said it granted preliminary conditional approval to World Liberty Trust Company's application for a national trust bank charter, which was submitted in January.

TRUMP WARNS NEW HOCHUL, MAMDANI PIED-À-TERRE TAX COULD ACCELERATE NYC WEALTH EXODUS

President Donald Trump's family is affiliated with World Liberty Financial, which received preliminary conditional approval from the OCC for a national trust bank. (Ahmet Serdar Eser/Anadolu via Getty Images / Getty Images)

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