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Trump-Linked Firm Wins Approval for Bank Amid Crypto Community Concerns

Guavy AI Editorial Team
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A company tied to former US President Donald Trump has received approval to operate a bank, sparking controversy and debate within the crypto community.

The move was made by the Office of the Comptroller of the Currency (OCC), which has granted Digital Trading Technologies Group Inc. a special purpose national bank charter.

This means that the company will be able to provide banking services to its customers, including holding deposits and making loans.

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