This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Consent Selection
Details
  • Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

    • We do not use cookies of this type.

  • Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

    • We do not use cookies of this type.

  • Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

    • We do not use cookies of this type.

  • Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    • __emg_sidPending
      Maximum Storage Duration: 1 dayType: HTTP Cookie
      __emg_vidPending
      Maximum Storage Duration: 1 yearType: HTTP Cookie
      nl-read-countPending
      Maximum Storage Duration: PersistentType: HTML Local Storage
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Please state your consent ID and date when you contact us regarding your consent.
NewsLayer.com
NewsLayer PulseLIVEBTC$77,578+0.78%ETH$2,453+1.62%SOL$95.5+2.02%XRP$1.52+3.12%DOGE$0.093+1.15%ADA$0.2265-0.02%Total Cap$2.76T+1.16%Layer Index54 Neutral
BreakingSAND Bridge Exploit: Base and BNB Chain Isolated

CryptoPolicy

Eric Trump Consents to Avoid World Liberty's Request for its Federal Bank

Eric Trump accepts in black and white not to get involved in the management of the future deposit bank of World Liberty Financial. On paper, a gesture of regulatory goodwill. In fact, a file that already drags its share of shadows……

Cointribune

Publisher

Aug 22, 2026 at 9:53 AM UTC · 4 分钟阅读

Eric Trump Consents to Avoid World Liberty's Request for its Federal Bank
Image via Cointribune

Key Signal

$4B USD1 market capitalization

Last Updated

2 天前

翻译中…
Summarize this article with:

Eric Trump accepts in black and white not to get involved in the management of the future deposit bank of World Liberty Financial. On paper, a gesture of regulatory goodwill. In fact, a file that already drags its share of shadows… Between ongoing crypto lawsuits, loans recalling bad memories, and criticisms coming from all political sides.

In brief

  • Eric Trump, Zak Folkman and an Emirati investor agree to stay away from the management of the future bank of World Liberty Financial.
  • Justin Sun accuses World Liberty of freezing his tokens and blocking his voting rights; the case remains before a federal court.
  • The OCC has already approved similar charters for Ripple, Paxos, Fidelity, and Coinbase, signifying a well-assumed pro-crypto shift.

Crypto: Eric Trump Agrees to Kneel Before Regulators

Eric Trump, the co-founder of World Liberty Zak Folkman, and the Emirati investor Hamad Khalfan Ali Matar Alshamsi have each accepted through related companies to stay away from management decisions of the group’s future federal deposit bank. The technical term is “passivity commitment”, a non-control commitment.

These agreements were made public at the moment when World Liberty just obtained its preliminary approval from the Office of the Comptroller of the Currency. If the federal charter is approved, the company could internally hold the reserves of its stablecoin USD1 which reaches nearly 4 billion dollars in capitalization, rather than depending on a third party for that. According to World Liberty spokesperson David Wachsman, the intention behind this maneuver is that the company plans to remain under federal supervision for years.

Market Context

XRP

XRP

$1.52

+3.26% (24H)

Market Cap

$95.2B

24H Volume

$4.4B

24H High

$1.55

View XRP Market Page

Article Intelligence

Related Coverage

CryptoSenator Seeks Trump Crypto Ban as 63% Call His Profits Inappropriate2 小时前 · 3 min readPolicyLummis Accuses Banks of Sabotaging CLARITY Act Crypto Regulation2 小时前 · 5 min readCryptoGroup protests outside SF cryptocurrency billionaire's home over Flock cameras, surveillance use2 小时前 · 2 min read
View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium