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Trump family-backed crypto firm World Liberty gets conditional bank charter approval

  • Posted on August 14, 2026
  • By CNBC
  • 3 Views
  • 1 min read
In brief

The Office of the Comptroller of the Currency has granted conditional approval to World Liberty Trust Company, a cryptocurrency venture backed by the Trump family, to operate as a national trust bank. This pivotal milestone enables the firm to proceed with stablecoin issuance and expand its digital asset operations. The approval represents a significant development in the intersection of traditional banking infrastructure and cryptocurrency innovation, subject to fulfilling specific regulatory requirements.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Trump family-backed crypto firm World Liberty gets conditional bank charter approval
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.
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Author
CNBC

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