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Utopia Talk / Politics / Trump National Bank
murder
rank
Sat Aug 15 16:11:06
Trump family-backed crypto firm World Liberty gets conditional bank charter approval

A federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World Liberty Financial, a crypto firm partially owned by President Donald Trump’s family.

The Office of the Comptroller of the Currency on Friday gave conditional approval to World Liberty Trust Co.’s application for a national trust bank, according to a letter posted on the OCC’s website. The trust company is sponsored by World Liberty Financial, which says on its website it is 38% owned by “an entity affiliated with Donald J. Trump and certain of his family members.”

The banking charter will enable World Liberty to issue stablecoins, a type of cryptocurrency that is backed by safe reserve assets such as U.S. Treasurys and is convertible one-to-one into U.S. dollars. World Liberty currently relies on a third party, BitGo, for some stablecoin services. Bringing those services in house could be lucrative.

Read the rest here: https://ww...c-bank-charter-stablecoin.html
murder
rank
Sat Aug 15 16:12:02

Democrats are a joke! Woke and pronouns and healthcare and DEI!

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Rugian
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Sat Aug 15 16:29:39
"Woke and pronouns and healthcare and DEI!"

If these are truly such trivial things, then surely the Democrats would have no problem abandoning these ideas in the interest of stopping the corrupt dictator and threat to the republic who is currently sitting in the White House.

Right?
Average Ameriacn
rank
Sat Aug 15 16:31:59
Trump meme coin rise? Strong buy?
murder
rank
Sat Aug 15 22:42:39

"If these are truly such trivial things, then surely the Democrats would have no problem abandoning these ideas ..."

They're not trivial. They are apparently worse than watching the country turned into the world's biggest banana republic run by sex traffickers.

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murder
rank
Sat Aug 15 22:43:27

"Trump meme coin rise? Strong buy?"

Sure. That rug doesn't look like it's going anywhere.

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jergul
rank
Sat Aug 15 23:16:24
Ruggy
You are edging yourself mighty fast into nihilism.

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