⛔️ Trump’s Crypto Bank Application for World Liberty Could Be Frozen
Senator Elizabeth Warren has called on US regulators to halt the review of WLTC Holdings' banking license — a structure linked to the crypto platform World Liberty Financial, co-founded by Donald Trump and his family.
🔒 She demands that no further action be taken until Trump fully exits the business, citing a direct conflict of interest: the president could influence agencies that are supposed to oversee a company related to himself.
If the OCC approves the application, World Liberty will be able to issue, store, and convert USD1 stablecoins under federal supervision — and this, according to Warren, makes the issue not only financial but also political. $TRUMP $WLFI $USD1
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⛔️ Trump’s Crypto Bank Application for World Liberty Could Be Frozen
Senator Elizabeth Warren has called on US regulators to halt the review of WLTC Holdings' banking license — a structure linked to the crypto platform World Liberty Financial, co-founded by Donald Trump and his family.
🔒 She demands that no further action be taken until Trump fully exits the business, citing a direct conflict of interest: the president could influence agencies that are supposed to oversee a company related to himself.
If the OCC approves the application, World Liberty will be able to issue, store, and convert USD1 stablecoins under federal supervision — and this, according to Warren, makes the issue not only financial but also political.
$TRUMP $WLFI $USD1