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OCC Grants Preliminary Approval for Trump's Crypto Firm to Charter National Trust Bank

16 Aug 2026· CLOM Newsroom· CLOM· 1 min readUSD1REGULATION

The Office of the Comptroller of the Currency (OCC) has granted preliminary approval for World Liberty Financial, a crypto firm associated with Donald Trump, to charter a national trust bank.

This charter will enable the firm to issue its USD1 stablecoin, marking a significant step in its operations within the cryptocurrency space.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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