LexRegPulse Daily - Aug 15, 2026
Alex here. This is LexRegPulse Daily for Saturday, August 15, 2026.
The OCC granted preliminary conditional approval on August 14 for World Liberty Trust Company — a venture co-founded by members of the Trump family — to operate as a national trust bank. That charter would let the firm custody reserves for its USD1 stablecoin, now roughly four billion dollars in circulation, under federal supervision instead of a patchwork of state licenses. It's a trust charter, not a full bank — custody and fiduciary work, no deposits or lending — and final approval still requires meeting the OCC's…
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