Fort Myers Naples, FL, August 15, 2026 —

The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval for a national trust bank charter to World Liberty Trust Co., a cryptocurrency company. The approval was announced by the OCC, a federal agency that supervises national banks, federal savings associations, and federal branches and agencies of foreign banks in the United States.

World Liberty Trust Co. is a cryptocurrency-focused entity. Information from the trend summary indicates that members of the Trump family hold a partial ownership stake in the company. The specific details regarding the extent of this ownership stake were not provided in the trend summary.

The OCC’s approval is described as preliminary conditional. This suggests that further requirements or conditions must be met by World Liberty Trust Co. before the charter is fully granted. The nature of these conditions or the timeline for fulfilling them was not detailed in the provided summary.

The OCC is responsible for chartering, regulating, and supervising all national banks and federal savings associations. Its role includes ensuring the safety and soundness of the banking system. Receiving a national trust bank charter from the OCC is a significant step for any financial institution, allowing it to operate under federal banking law and offer a range of fiduciary services.

The trend summary did not include information on the exact date the approval was granted, the specific individuals within the Trump family who have ownership stakes, or any potential implications or future plans for World Liberty Trust Co. following this preliminary approval.



Story summarized from the original created by Sarah Davis on thehill.com, see more information here.

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