Trump’s Flagship Crypto Venture Gets Preliminary Bank Approval as Critics Raise ‘Conflict-of-Interest’ Concerns

Trump’s crypto firm gets approval to operate as a bank: Report

Donald Trump’s crypto company just received a major green light from the federal government — allowing it to move closer to operating as a national trust bank. World Liberty Financial, the crypto firm launched by Trump and his sons Don Jr. and Eric in 2024, announced that the Office of the Comptroller of the Currency had given preliminary approval for its subsidiary, World Liberty Financial Trust, to operate as a national trust bank, according t…

Trump’s flagship crypto venture gets preliminary bank approval as critics raise ‘conflict-of-interest’ concerns

Donald Trump and his family’s flagship crypto venture has cleared a major regulatory hurdle. But it has also triggered fierce criticism over whether the president and his family can fairly oversee an industry in which they hold such substantial financial involvement. Donald Trump faces criticism for crypto company’s bank approval World Liberty Financial is the crypto company launched by Donald Trump with his sons and other investors in 2024. On …

Crypto bank part-owned by Trump family offers depositors way to ‘gain favor’ with White House, experts say

Democrats have called World Liberty Trust Company a stark example of corruption but officials claim there is no insider dealing Two fundamentals underscore the business model of a new crypto bank partly owned by the Trump family, cryptocurrency experts tell the Guardian. World Liberty Trust Company received conditional approval this month from the US office…