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US Clears Path for Crypto Bank With Trump-Backed World Liberty Financial Approval

US Clears Path for Crypto Bank With Trump-Backed World Liberty Financial Approval

Home/News/US Clears Path for Crypto Bank With Trump-Backed World Liberty Financial Approval

The charter, if ultimately approved at a later date, would allow World Liberty, through the newly created trust bank, to manage ‌and hold assets on behalf ⁠of customers ⁠and settle payments faster. It does not generally permit deposit-taking or lending like traditional banks.

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