Trump-linked crypto venture World Liberty Trust granted bank status in unprecedented move for president

Source ABC Local
Original Load Date Aug. 15, 2026, 7 p.m.
Last Updated Aug. 15, 2026, 7 p.m.
Original URL https://abc7chicago.com/story/trump-linked-crypto-venture-world-liberty-trust-granted-bank-status-unprecedented-move-president/19684787/

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A Trump-appointed national bank regulator granted a wing of the Trump family's [ crypto business ][2] conditional approval to establish a bank charter, opening the door for larger clients and potentially heightened profits. The decision marks the first time in U.S. history that a company owned by t...