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The Trump family's crypto firm applied for a federal banking charter to offer bank services linked to its digital assets.
The Trump family's cryptocurrency venture, World Liberty Financial, has filed an application with U.S. regulators for a federal banking charter, seeking to operate as a bank.
The move, which could allow the company to offer banking services tied to its digital assets, marks a significant step in the company's expansion into financial services.
The application was submitted through a trust linked to Donald Trump and his family.
Regulators are reviewing the request, with no timeline yet established for a decision.
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La firma cripto de la familia Trump solicitó una carta bancaria federal para ofrecer servicios bancarios vinculados a sus activos digitales.