Crypto

Trump-Linked Crypto Venture Wins Bank Status

Guavy AI Editorial Team Published August 17, 2026

A company linked to President Trump, World Liberty Trust, has been granted bank status by a Trump-appointed national bank regulator.

This marks the first time in U.S. history that a company owned by the sitting president's family has been granted bank status.

The conditional approval allows World Liberty Trust to establish a bank charter, but it is not clear what specific implications this will have for the company or its crypto business.

The Wire

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