OCC approves 22 bank-charter applications in 19 months under Trump

The OCC (U.S. national bank regulator) approved 22 bank-charter applications during 19 months under Trump, more than the number approved in the previous five years combined. Crypto firms including World Liberty Financial, Coinbase and Circle have received OCC approvals for national trust bank charters, which allow institutions to operate nationally as trust banks under federal authorization.

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