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World Liberty Financial

All articles tagged with #world liberty financial

business8 days ago•3 min saved

UAE Spy Sheikh Stakes 49% in Trump Family’s Crypto Bank Venture

The UAE’s national security adviser Sheikh Tahnoon bin Zayed al Nahyan and co‑investors hold a 49% stake in the Trump family’s World Liberty Financial bankholding entity WLTC Holdings, with Trump affiliates owning about 38%. World Liberty previously invested $500 million in January 2025, directing $263 million to Trump family entities. The Office of the Comptroller of the Currency granted preliminary conditional approval for a federally chartered national bank linked to a USD-denominated stablecoin, but the deal faces scrutiny due to Tahnoon’s status as a foreign official and ongoing U.S.–UAE policy talks on advanced AI chips. The White House has not commented on the arrangement.

via CNBC|

#business #stringz-holding-rsc #tahnoon-bin-zayed-al-nahyan

business15 days ago•6 min saved

Trump-Family Tied Crypto Bank Faces Scrutiny Over Influence and Regulation

World Liberty Trust Company won a conditional OCC charter to operate a crypto bank that will issue the USD1 stablecoin; under the 2025 Genius Act, USD1 deposits cannot earn interest and must be invested in high-quality securities like US Treasuries, with critics arguing its main appeal is to curry favor with the Trump administration while regulators say career staff oversaw the approval.

via The Guardian|

#business #occ-charter #stablecoins

business18 days ago•3 min saved

Trump-Affiliated World Liberty Wins Preliminary Bank Charter to Issue Stablecoins

The Treasury granted a conditional, preliminary bank charter to World Liberty Trust Company, a Trump-linked venture, enabling it to issue dollar-tied stablecoins. The move cements a crypto-friendly regulatory path for the company, which is co-founded by Donald Trump and has reportedly earned the former president nearly $800 million in 2025. The charter includes safeguards to keep the Trump family business separate from banking operations, while critics like Sen. Elizabeth Warren argue it represents potential self-dealing.

via USA Today|

#bank-charter #business #cryptocurrency-regulation

politics18 days ago•335 min saved

Trump’s crypto venture eyes bank charter, ethics fears flare

Regulators appointed by President Trump gave World Liberty Financial, the Trump family’s crypto firm, preliminary approval to become a trust bank, a move critics call a brazen act of self-dealing. The bank would not take deposits or make loans but could issue and safeguard the USD1 stablecoin with billions in circulation, raising concerns about conflicts of interest as Trump and family members could influence oversight. Prominent critics like Elizabeth Warren say the decision creates unprecedented risks and have urged a bill to bar presidents’ families from bank approvals, while defenders say the regulation and oversight will remain robust; the episode could also slow crypto-regulation efforts such as the Clarity Act.

via CNN|

#bank-charter #ethics-conflict #politics

business19 days ago•2 min saved

Trump Family Crypto Venture Earns Conditional Bank Charter to Issue USD1 Stablecoins

The Office of the Comptroller of the Currency conditionally approved World Liberty Financial, the Trump family’s crypto venture, for a national trust bank charter that would let it issue its USD1 stablecoin and act as a fiduciary for digital assets for institutional clients; final approval hinges on meeting capital and liquidity requirements, governance disclosures, and appointing an internal auditor, with the charter not equipping WLF with a full suite of traditional banking services overseen by the Fed.

via News of the United States - NOTUS|

#business #national-bank-charter #occ

business20 days ago•27 min saved

OCC Grants Preliminary Bank Charter to Trump-Linked Crypto Firm, Stoking Conflict Concerns

The Office of the Comptroller of the Currency preliminarily approves World Liberty Financial’s plan to form a national bank, a move that could enable issuing a USD-backed stablecoin and safeguarding dollar assets, a decision criticized by lawmakers like Elizabeth Warren as a brazen conflict of interest tied to the Trump family’s crypto venture.

via Common Dreams|

#business #corruption #cryptocurrency

entertainment1 month ago•18 min saved

John Oliver Dives Into Trump's Crypto Empire and the Push for Guardrails

On Last Week Tonight, John Oliver exposes how Trump and his family have built a crypto-heavy portfolio around meme coins and World Liberty Financial, highlighting massive personal gains (over $2.2B in the first year back, with about $1.4B from crypto ventures) alongside billions in losses for ordinary investors, plus overseas deals and chip-arm collaborations; he argues these conflicts of interest demand stronger guardrails as crypto regulation shifts from the SEC to the CFTC under the CLARITY Act.

via Variety|

#crypto #entertainment #john-oliver

politics1 month ago•18 min saved

Trump’s crypto windfall moves into stocks and bonds, filings show

Reuters reports that Donald Trump’s 2025 disclosures show he earned over $1.4 billion from his crypto ventures last year and, using his money managers, shifted a large portion of those proceeds into traditional assets like stocks and bonds, increasing his holdings in these safer assets. He still holds World Liberty Financial tokens and the Trump meme coin, but did not report buying publicly listed crypto firms backed by his sons. White House says his assets are in discretionary accounts managed by independent institutions, while analysts say crypto is not his primary wealth store and retailers have faced billions in losses from Trump-backed crypto projects.

via Yahoo Finance|

#crypto #financial-disclosures #politics

business1 month ago•18 min saved

Trump's crypto windfall shifted into stocks and bonds, filings show

New financial disclosures show President Trump earned more than $1.4 billion from his family’s crypto ventures last year, but his personal portfolio moved the proceeds into traditional assets—stocks and bonds—rising fourfold to roughly $0.7–$2.6 billion by end-2025 from $0.2–$0.6 billion in 2024. Experts say crypto isn’t the primary store of his wealth, the White House notes accounts are discretionary and managed by independent institutions, and Reuters highlights significant losses for retail investors in Trump-backed crypto projects.

via Yahoo Finance|

#business #crypto #disclosures

business1 month ago•3 min saved

US eases UAE export rules, signaling favorable treatment for MGX amid crypto-backed Binance stake

The Commerce Department announced a move to ease export controls on the United Arab Emirates, stating it will favorably review license applications for MGX—the UAE-backed investment firm that used the Trump family–affiliated USD1 stablecoin to fund a $2 billion stake in Binance; the rule also expands license exemptions for UAE AI and computing tech and upgrades the UAE’s status as a Major Defense Partner, drawing criticism from Sen. Elizabeth Warren who warns of national-security risks, while officials say the changes accelerate legitimate trade without removing safeguards.

via CNBC|

#binance #business #export-controls

business1 month ago•16 min saved

Trump’s Investor Fallout: Billions Lost in Truth Social and Memecoins

Forbes reports that Donald Trump’s post‑White House ventures—Truth Social, World Liberty Financial, and related memecoins—left investors about $7 billion poorer, while Trump reportedly netted roughly $3 billion; the piece highlights individual losses, including a truck driver who poured life savings into Trump-linked assets, and dramatic declines in the associated tokens.

via Yahoo Finance|

#business #investors #memecoin

business1 month ago•61 min saved

Trump's Crypto Venture Crashes as Investors Lose $7B

After leaving the White House, Donald Trump launched Truth Social via the Trump Media and Technology Group and expanded into crypto with World Liberty Financial and various Trump-family memecoins (including Melania Trump’s coin) and American Bitcoin. Forbes reports he personally netted about $3 billion, while investors lost roughly $7 billion as the assets cratered (Trump Media down around 89%, World Liberty Financial about 82%, Trump memecoin about 98%, Melania’s token around 99%, American Bitcoin about 95%). The piece highlights individual investors who risked life savings—one truck driver who amassed $100,000 only to see it vanish, another who plowed in hundreds of thousands and called it a scam—while noting comment attempts from Trump’s camp and related entities.

via The Daily Beast|

#business #donald-trump #melania-trump-memecoin

politics2 months ago•43 min saved

Christie Blasts Trump’s Crypto Windfall as Putin-Style Graft

Former New Jersey Governor Chris Christie criticized Donald Trump, comparing the president’s enormous 2025 profits from cryptocurrency to Putin-style corruption after ethics disclosures showed about $1.4 billion in crypto income, including over $500 million from World Liberty Financial and about $635 million from the TRUMP meme coin, along with additional seven-figure sums from settlements, watches, and other merchandise.

via Yahoo|

#christie #cryptocurrency #politics

politics2 months ago•102 min saved

Trump’s Meme Coin Crash: Investors Lose $3.8B While He Profits

Trump’s memecoin saga left nearly 1 million investors about $3.8 billion poorer as the coin tumbled 97% from a peak of $75.35 to around $1.76, while Trump reportedly netted roughly $636 million from the venture and related crypto products, amid ongoing scrutiny and a debate over potential Ponzi-like schemes.

via The Daily Beast|

#cryptocurrencies #donald-j-trump #memecoin

politics2 months ago•2 min saved

Trump says he was unaware of his family’s crypto fortune fueling big earnings

In a CNBC interview, President Trump says he didn’t know about his family’s cryptocurrency ventures that helped generate about $1.4 billion of his $2.2 billion income disclosed for 2025. The bulk came from nearly $800 million tied to World Liberty Financial and about $635 million from the sale of his TRUMP meme coins, with the president noting his sons manage the investments and that nothing illegal occurred. He also defended his stance on crypto and attributed wealth to market performance, while critics argue the White House benefited his personal finances.

via USA Today|

#cryptocurrency #financial-disclosure #meme-coin