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4 sourcesTracking since 15 Aug, 00:30

Trump-Linked World Liberty Financial Gets OCC Green Light

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Chronological coverage

  1. 16 August
  2. Latest16 Aug, 09:20

    Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation

    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 […]

    CryptoSlateCryptoSlate•Gino Matos
  3. 15 August
  4. Follow-up15 Aug, 13:01

    Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin

    The proposed World Liberty Trust Company would take over issuance of the USD1 stablecoin from BitGo.

    DecryptDecrypt•Decrypt Staff
  5. Follow-up15 Aug, 06:47

    World Liberty Financial gets OCC nod for USD1 bank

    World 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…

    Crypto.newsCrypto.news•Lawrence Mondal
  6. First seen15 Aug, 00:30

    Trump-Linked World Liberty Financial Gets OCC Green Light

    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 NewsBitcoin.com News•Jamie Redman