Trump-Linked WLFI Seeks U.S. Bank Status, Tests Crypto Regulation
Washington:
World Liberty Financial Initiative (Wlfi), a financial venture linked to former U.S. President Donald Trump, is moving toward becoming a licensed U.S. bank. If approved, the move would place the crypto-linked firm under full banking regulations, including compliance, transparency, and consumer protection rules.
Analysts say the decision could become a key test case for how cryptocurrency businesses are regulated within the U.S. financial system and may set an important precedent for the broader digital asset industry.
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