NewsHK
The federal chartering regime for stablecoin issuers has a notable new entrant.
The Office of the Comptroller of the Currency has conditionally approved a national trust bank charter for World Liberty Trust Company, the crypto venture backed by the Trump family, clearing the firm's first regulatory threshold toward issuing stablecoins.
Conditional approval is not authorization to operate.
The OCC's process requires charter applicants to satisfy specific requirements before they can function as national trust banks, and World Liberty Trust Company remains in that gap.
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