World Liberty Financial expects to obtain approval from the U.S. OCC
By: rootdata|2026/06/17 11:43:31
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The cryptocurrency project World Liberty Financial, supported by the Trump family, is expected to receive approval from the Office of the Comptroller of the Currency (OCC) soon to operate as a national trust bank. Two unnamed former OCC employees revealed that the application is almost certain to be approved. World Liberty Financial established a U.S. trust company in January of this year and submitted an application to the OCC. Obtaining a federal trust bank charter will allow the project to issue and redeem its USD 1 stablecoin, manage reserves, provide digital asset custody, and offer conversion and settlement services under a single federal regulatory authority, without relying on third-party intermediaries. Currently, the project's intermediary is BitGo.
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