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Trump-Linked World Liberty Financial Gets OCC Green Light

News.Bitcoin.com
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, […]

Key Takeaways

  1. World Liberty Financial, the Trump family-linked decentralized finance (DeFi) firm, cleared its first major banking hurdle on Friday after the U.S.
  2. Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a national trust bank.
  3. 14 decision gives World Liberty Trust Company, National Association, a route to bring USD1 issuance, […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.