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via crypto.news · By crypto.news Editorial

World Liberty wins conditional approval for US trust bank

CE
crypto.news Editorial
(09:45 PM UTC)
1 min read
DK
Verified byDavid Kim

World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would issue USD1, manage its reserves, and provide digital asset custody across the United States.

Summary

  • World Liberty Trust must satisfy OCC requirements before it can begin banking operations.
  • The proposed Florida-based bank would take over USD1…

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