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via Decrypt · By Decrypt Editorial
Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin
DE
Decrypt Editorial(01:01 PM UTC)
1 min read
In brief
- The OCC granted preliminary conditional approval for World Liberty Trust Company, a Florida-based national trust bank tied to the Trump family's World Liberty Financial.
- As a trust bank it won't take deposits, carry FDIC insurance or seek a Fed master account for now.
- Commenters raised conflict-of-interest concerns over ties to Trump, his family and Emirati investors—which the OCC…
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