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Trump's Crypto Business Seeks to Become a Bank

Original: Why Trump’s Crypto Business Wants to Become a Bank

Donald Trump's crypto venture is reportedly pursuing a banking charter, a move that would let the family-linked firm operate like a regulated bank. The effort raises questions about conflicts of interest given Trump's return to the White House and the light-touch regulatory environment now surrounding digital assets in the United States.

Why now: The combination of presidential power and a family crypto firm seeking banking status is raising conflict-of-interest concerns.

Donald TrumpTrump familyWorld Liberty FinancialUS banking regulators

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Evidence

• Why Trump’s Crypto Business Wants to Become a Bank · Mother Jones

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