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OCC grants conditional approval for Trump family crypto company charter
The filing by World Liberty Financial received the OCC’s conditional approval as lawmakers advanced a bill aimed at curbing corruption in banking applications.
The Office of the Comptroller of the Currency has granted conditional approval for World Liberty Financial’s charter bid, Cointelegraph reports.
The regulator’s approval is tied to the company’s trust charter application, with the OCC providing its decision on a conditional basis rather than final acceptance.
Cointelegraph also reports that ten Democrats signed onto a bill intended to “prevent corruption in banking applications,” positioning the charter effort within a broader push on banking application oversight.