TMTG Digital Approved to Run Bank Despite Controversy
Trump's crypto company, TMTG Digital, has reportedly received approval to operate a bank. The move comes as a surprise, given the controversy surrounding the company's financial dealings in the past.
No details were provided on what specific services TMTG Digital plans to offer or when it will start operating as a bank. The news was met with skepticism by some experts, who pointed out the potential risks associated with allowing a crypto company to run a bank.