World Liberty Financial

The Office of the Comptroller of the Currency has granted preliminary conditional approval for World Liberty Trust Co. to operate as a national trust bank. The decision could allow the firm to take over issuance and custody functions tied to World Liberty Financial’s USD1 stablecoin, pending further requirements.

The Digital Asset Market Clarity Act is facing a deepening Senate fight over ethics limits aimed at senior government officials and President Donald Trump’s crypto interests. Democrats say the proposed restrictions are too weak, while the White House and Republican supporters argue the concessions are historic and should clear the way for passage.

A circulating Senate draft of the Digital Asset Market Clarity Act includes a disputed crypto conflict-of-interest provision that would sunset in 2029. The bill remains under intense negotiation as lawmakers race to move a sweeping digital asset market structure package before the summer recess.

Senate negotiations over the Digital Asset Market Clarity Act remain focused on conflict-of-interest limits for federal officials. The central dispute is whether enforcement should rest with state attorneys general or the U.S. attorney general.

Polymarket traders lifted the implied odds that the Clarity Act becomes law this year to about 43%, up from 32% on Friday. The move followed unconfirmed reports that President Trump accepted an ethics provision, while Democrats have not yet seen bill text and no text has been publicly released.

TRUMP memecoin holders are sitting on combined losses of $3.81 billion, with nearly two-thirds of wallets that bought the token now in the red. WLFI secondary-market buyers are also under pressure, with about 85% of tracked wallets underwater after the token’s sharp retreat.

President Donald Trump defended at least $1.4 billion in crypto income reported for 2025, saying there was nothing wrong or illegal about the money. The disclosures have sharpened criticism that his family is benefiting from digital asset ventures while his administration shapes crypto policy.

President Donald Trump said there was “nothing wrong” with the more than $1.4 billion he earned from crypto-related ventures, rejecting claims of wrongdoing. New disclosures tie much of the haul to a memecoin, World Liberty Financial and a stablecoin venture linked to Abu Dhabi interests.

President Donald Trump’s 2025 financial disclosure shows he made more than $1 billion from crypto sales and royalties while the broader digital asset market weakened. The filing highlights revenue from his memecoin business and token sales tied to World Liberty Financial.

Senate Democrats are calling for immediate hearings into a $500 million UAE-linked investment in Donald Trump’s family crypto venture, World Liberty Financial. Lawmakers say the arrangement raises conflict-of-interest concerns and questions about foreign influence on U.S. policy.

World Liberty Financial’s USD1 stablecoin was used to pay $250,000 in fighter performance bonuses at UFC Freedom 250 on the White House lawn. The move comes as the Trump-linked issuer expands USD1 supply and pursues a federal banking license.

World Liberty Financial, a crypto project endorsed by the Trump family, is set to launch its non-transferable governance token, WLFI. Available exclusively to accredited investors under an SEC Regulation D exemption, WLFI aims to enhance governance without economic returns.