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UAE Royal's Stake in Trump-Linked Crypto Bank Sparks Regulatory Concerns

Guavy AI Editorial Team
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The UAE's national security adviser, Sheikh Tahnoon bin Zayed Al Nahyan, holds a 49% stake in World Liberty Financial (WLFI), a crypto project linked to the Trump family.

WLFI is preparing to launch a U.S. bank through its unit, World Liberty Trust, which has received conditional approval from the Office of the Comptroller of the Currency (OCC).

The involvement of Sheikh Tahnoon adds an international dimension to the Trump family's crypto banking efforts, raising questions about foreign investment in U.S. financial institutions and regulatory scrutiny.

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