OCC Approves World Liberty Financial Trust Bank Charter for USD1 Stablecoin

World Liberty Financial, the crypto finance venture tied to President Trump's family, received approval for a federal bank charter from US regulators on Aug 15, 2026. The Office of the Comptroller of the Currency has been backing digital asset bank charters as a distinct regulatory path this year. A national charter lets the firm hold accounts, connect to payment infrastructure, and operate under a single federal supervisor rather than assembling state licenses and sponsor-bank agreements.

The approval arrived alongside unresolved questions about the company's compliance controls, including reports that it took roughly $100 million from a money-laundering suspect earlier in the month. Bitcoin traded at $62,938 and Ether at $1,880 on the day of the announcement, with the fear-and-greed index at 36. The political ties to the sitting president add a layer of scrutiny to the regulatory decision.