• Key insight: World Liberty Financial got conditional approval from the OCC to establish World Liberty Trust Company with a national trust bank charter.
• What’s at stake: As federal regulators issue trust bank charters for stablecoin issuance, digital asset firms continue to enter mainstream banking and finance.
• Forward look: Pending final approvals, World Liberty Trust Company will take over management of the USD1 stablecoin from BitGo Bank and Trust.

World Liberty Financial, the crypto venture co-founded by President Donald Trump, has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency.

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The approval, announced Friday afternoon by the agency, allows World…