Regulations

Story: Trump Administration Set to Grant Bank Charter to World Liberty Financial

By Evie Vavasseur

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What the Charter Actually Means. A bank charter changes everything. World Liberty Financial would be able to offer traditional…

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Trump Family Ties and Market Speculation. Donald Trump's sons are still involved with World Liberty Financial, according to the company.

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What Happens Next. The crypto industry is watching this closely. A bank charter for a crypto-native firm would be a…

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World Liberty Financial is about to get a bank charter. The Trump administration is close to approving the crypto firm's application, per co-founder Zach Witkoff, who broke the…

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The charter would be a pretty big deal for the company. It's not just a piece of paper—it's legitimacy in a sector that's still fighting for mainstream acceptance.

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A bank charter changes everything. World Liberty Financial would be able to offer traditional banking services alongside its crypto products.

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The regulatory process has been intense. World Liberty Financial had to show it can meet capital requirements, prove it has proper risk management systems, and convince…

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But it's not done yet. The administration hasn't made a formal statement, so some details are still murky.

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The speculation about their involvement isn't random. When the company first launched, the Trump sons were front and center. Then things went quiet.

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More context: BTC Hits $82, 833 as Trump Halts Gulf Escorts

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The bank charter approval process has been running parallel to these rumors. Some industry watchers think the Trump administration's willingness to approve the charter is tied to…

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The firm hasn't disclosed what services it plans to roll out first once the charter is approved.

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The crypto industry is watching this closely. A bank charter for a crypto-native firm would be a milestone. It's one thing to operate as a crypto exchange or wallet provider.

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The Trump administration's role in this can't be ignored. Regulatory frameworks for crypto are still being hammered out, and decisions like this one shape the industry's future.

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See also: XRPs Role in Tokenization Gets Questioned by Ex-SWIFT Innovation Chief

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