OCC conditionally approved World Liberty's national trust charter
Reporting and findings
- documented
OCC Corporate Decision 1385 granted preliminary conditional approval for World Liberty Trust Company, National Association; Reuters reported the charter would let the company issue its branded stablecoin and manage reserves, while final opening remained subject to capital, governance, and other pre-opening conditions.
- Office of the Comptroller of the Currency: Corporate Decision 1385: Application to charter World Liberty Trust Company, National AssociationCorporate Decision 1385, pages 1–2 and 8–12; preliminary conditional approval, proposed USD1 and custody activities, capital and pre-opening conditions
- Reuters via Investing.com: US regulator approves bank charter for Trump-backed crypto company World Liberty FinancialConditional charter approval, permitted stablecoin functions, and outstanding pre-opening conditions
- World Liberty Financial: $WLFI Crypto-Asset White Paper under MiCAPart D.5 and related-party sections listing WLF co-founders, supporters, token allocations, and affiliated entities
Summary and current status
The approval moved the presidential-family crypto venture into a federally supervised charter process but did not authorize opening before conditions were met.
Preliminary conditional approval; pre-opening conditions remain
People and organizations
- World Liberty Financial, Inc.affiliated presidential-family venture
- World Liberty Trust Company, National Associationconditionally approved national trust bank
- Donald J. Trumpsitting president and disclosed beneficiary of family crypto interests
- Donald Trump Jr.son, Trump Organization executive, and listed WLF co-founder
- Eric Trumpson, Trump Organization executive, and listed WLF co-founder
- USD1 stablecoinstablecoin within proposed trust-bank business
Relationships in this file
- Donald J. Trumpson, family-business executive, and co-founder of the Trump-branded WLF ventureDonald Trump Jr.
- Donald J. Trumpson, family-business executive, and co-founder of the Trump-branded WLF ventureEric Trump