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Trump's crypto company gets controversial approval to start its own bank
The trust bank would not take deposits or make loans, but it would let World Liberty Financial manage stablecoins and digital assets.
Summary by WTVR
9 Articles
9 Articles
'Brazen act of self-dealing': Democrats seek to block a Trump-linked crypto bank
The Office of the Comptroller of the Currency granted conditional approval for the Trump family's World Liberty Trust Co. to become a bank handling cryptocurrency and digital assets.
·El Segundo, United States
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Trump's crypto company gets controversial approval to start its own bank
The cryptocurrency company tied to President Trump is getting the green light to create its own federally chartered trust bank.World Liberty Financial received preliminary approval from the U.S. Treasury Department's Office of the Comptroller of the Currency to begin offering certain banking services.The charter would not allow the company to take deposits or make loans, but would let the company directly manage its dollar-backed "stablecoin," w…
Coverage Details
Total News Sources9
Leaning Left1Leaning Right0Center8Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
11%
C 89%
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