Crypto

Crypto Firm Linked to Trump Gets Approval to Run Bank Amid Controversy

Guavy AI Editorial Team Published August 18, 2026

Trump's crypto company has received approval to run a bank despite controversy surrounding the decision.

The company, which remains unnamed in the source, was granted permission by an unspecified regulatory body. The move has sparked concern among some experts who question the qualifications of the firm to manage financial institutions.

No details were provided regarding the specific terms or conditions of the approval.

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