Trump family’s World Liberty crypto venture applies for US banking licence #
World Liberty Financial, a crypto venture backed by President Donald Trump and his family, has applied for a US national bank trust charter with the Office of the Comptroller of the Currency. If approved, the licence would allow a new entity, World Liberty Trust, to issue and custody the USD1 stablecoin under a single federal regulator
The move would expand the group’s access to the traditional financial system while aligning its operations with the recently passed Genius Act on stablecoin regulation. The application follows similar approvals for other crypto firms and highlights the growing overlap between US politics, crypto markets, and financial regulation under Trump’s second term.