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Politics

Trump family crypto company receives approval for conditional banking charter

The Hill ·
Trump family crypto company receives approval for conditional banking charter

A crypto firm partially owned by President Trump’s family received preliminary conditional approval for a bank charter on Friday.

The Office of the Comptroller of the Currency (OCC) granted conditional approval for an application from World Liberty Trust Co. for a national trust bank, according to a letter posted on the OCC’s website.

The OCC...

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