OCC Approves World Liberty Trust Charter
Analysis based on 19 articles · First reported Aug 14, 2026 · Last updated Aug 18, 2026
The approval signals continued regulatory support for crypto banking under the Trump administration, potentially boosting the legitimacy and institutional adoption of stablecoins. It may positively impact World Liberty Financial and its partners, while raising concerns about conflicts of interest and regulatory oversight.
On August 14, 2026, the United States — Office of the Comptroller of the Currency (OCC) conditionally approved the national trust charter application of World Liberty Financial, a subsidiary of World Liberty Financial, a crypto venture partially owned by President Donald Trump and his family. The charter, applied for in January, will allow World Liberty to directly issue its United States — United States dollar stablecoin and custody the underlying U.S. dollar assets, functions currently handled by BitGo. The approval is preliminary and subject to conditions including maintaining at least $20 million in capital. The OCC, under Comptroller Jonathan Gould, has been receptive to crypto charters, with Ripple Labs and Circle also receiving preliminary approvals. The decision has drawn criticism from Democrats, including Senator Elizabeth Warren, citing conflicts of interest due to Trump's financial stake. World Liberty Financial has funneled over $1.6 billion to the Trump family, with about $50 million from United States — United States dollar alone.
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