The preliminary bank charter approval may hinder legislative progress on crypto regulation, affecting market stability and future policy direction.
CryptoBriefing•Estefano Gomez23 Aug
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have […]
CryptoSlate•Andjela Radmilac23 Aug
Why is the Tron founder warning investors about WLF and USD1?
AMBCrypto•Ishika Kumari23 Aug
The lawsuit highlights the critical need for transparency and trust in crypto governance, potentially influencing future regulatory frameworks.
CryptoBriefing•Editorial Team22 Aug
The latest court ruling keeps potentially sensitive allegations in public view as the wider dispute continues.
Justin Sun secured a partial procedural victory in his legal battle against World Liberty Financial on August 20. A California federal judge apparently decided to allow Sun’s personal claims to proceed in court. This came after World Liberty had filed a motion to transfer the lawsuit to arbitration and put
TheNewsCrypto•Lakshya Baskar21 Aug
Justin Sun said on Aug. 20 that a California federal judge rejected World Liberty Financial's attempt to force all of his claims into private arbitration, keeping his individual allegations in open court. The public docket confirms World Liberty filed a motion to compel arbitration and a separate motion to seal case materials. That news arrives […]
CryptoSlate•Gino Matos21 Aug
Justin Sun called the arbitration hearing a "major victory” while World Liberty Financial CEO Zach Witkoff claimed Sun is lying.
Protos•Jacob Lyon21 Aug
Justin Sun won a key procedural battle against Trump-backed World Liberty Financial on Thursday, keeping his personal claims against the crypto venture in public federal court rather than private arbitration. The California judge rejected World Liberty’s attempt to force all of Sun’s claims behind closed doors. The court also ordered both sides to determine which
BeInCrypto•Mohammad Shahid20 Aug
Justin Sun said a federal judge kept his individual claims against World Liberty Financial in open court while other claims remain under review.
CryptoBriefing•Estefano Gomez20 Aug
The scrutiny highlights potential risks in cross-border AI collaborations, raising questions about national security and corporate governance.
CryptoBriefing•Editorial Team18 Aug
World Liberty Financial (WLFI), the crypto venture backed by President Donald Trump’s family, is facing fresh scrutiny after nearly half the artificial intelligence (AI) models on its partner platform, Worldclaw, were found to come from Chinese companies the U.S. Department of Defense flagged as military-aligned. What Worldclaw Offers Worldclaw is a Hong Kong-based AI marketplace […]
Bitcoin.com News•Shiraz Jagati18 Aug
Could WorldClaw partnership become a political liability for WLF?
AMBCrypto•Ishika Kumari18 Aug
Open USD launched with 140 partners including Visa, Mastercard and BlackRock. Standard Chartered began rolling out a Hong Kong dollar stablecoin. World Liberty Financial got a bank charter to issue its own. The competition has moved from who can mint a token to who controls the rails it travels on.
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. World Liberty bank cannot open until conditions are met The…
The US financial regulator gave conditional approval for World Liberty Financial’s charter bid as ten Democrats signed onto a bill to “prevent corruption in banking applications.“
Cointelegraph•Cointelegraph by Turner Wright17 Aug
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald Trump, preliminary conditional approval to charter a national trust bank built around its roughly $4 billion USD1 stablecoin. World Liberty Trust Company would eventually handle USD1 issuance and reserve custody directly, moving both under federal […]
CryptoSlate•Gino Matos16 AugWorld Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation. World Liberty Financial must meet OCC conditions The Office of the Comptroller of the Currency…
The Iran conflict grounded flights, cratered Maldives tourism arrivals by double digits, and forced the Trump family’s crypto venture to shelve what was billed as the world’s first tokenized luxury hotel development. The episode exposes a structural question the real-world…
World Liberty Financial, the Trump family-linked decentralized finance (DeFi) firm, cleared its first major banking hurdle on Friday after the U.S. Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national trust bank. The Aug. 14 decision gives World Liberty Trust Company, National Association, a route to bring USD1 issuance, […]
Bitcoin.com News•Jamie Redman15 Aug