{"id":644638,"date":"2026-08-17T21:52:50","date_gmt":"2026-08-17T21:52:50","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/17\/occ-approves-trump-family-crypto-company-for-trust-charter\/"},"modified":"2026-08-17T21:52:50","modified_gmt":"2026-08-17T21:52:50","slug":"occ-approves-trump-family-crypto-company-for-trust-charter","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/17\/occ-approves-trump-family-crypto-company-for-trust-charter\/","title":{"rendered":"OCC approves Trump family crypto company for trust charter"},"content":{"rendered":"

\"OCC<\/p>\n

The US financial regulator gave conditional approval for World Liberty Financial\u2019s charter bid as ten Democrats signed onto a bill to \u201cprevent corruption in banking applications.\u201c\n<\/p>\n

Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval for World Liberty Financial\u2019s application for a national trust bank.<\/p>\n

In a Friday notice, the OCC said<\/a> the conditional approval for World Liberty\u2019s charter application, subject to certain regulatory and policy requirements, would allow the company to operate under the title World Liberty Trust Company, National Association. According to its application, the World Liberty bank proposed issuing US dollar-backed stablecoins and custodying digital assets related to the company\u2019s USD1 token.<\/p>\n

The OCC approval came amid concerns about potential conflicts of interest between World Liberty and US President Donald Trump\u2019s family. The president and his three sons are affiliated with the company, and the head of the OCC, Jonathan Gould, was nominated by Trump in 2025.\u00a0World Liberty\u2019s website also said a Trump family entity controlled 38% of the company\u2019s equity interests.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The US financial regulator gave conditional approval for World Liberty Financial\u2019s charter bid as ten Democrats signed onto a bill to \u201cprevent corruption in banking applications.\u201c Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval for World Liberty Financial\u2019s application […]<\/p>\n","protected":false},"author":1,"featured_media":644639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-644638","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/644638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=644638"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/644638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/644639"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=644638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=644638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=644638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}