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World Liberty Financial, the crypto venture co-founded by the Trump family, has submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. According to documents filed on January 5, 2026, the proposed Trump family crypto bank will operate under the name World Liberty Trust Co., focusing on digital asset custody and the massive adoption of its stablecoin, USD1. The news of this future Trump family crypto bank arrives amidst a period of regulatory openness in Washington, where the OCC is prioritizing the integration of crypto firms into the federally supervised system. However, the move has sparked intense political debate and criticism from figures like Senator Elizabeth Warren, who warn of potential conflicts of interest due to the presidential family’s direct financial stake in the entity. In the coming days, the appointment of a CFO is expected, along with final approval from regulators who recently granted preliminary green lights to firms like Ripple and Paxos. The consolidation of the Trump family crypto bank would mark a milestone in institutional adoption, allowing the firm to offer fiduciary and custody services under unprecedented federal supervision for the sector.
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