Regulatory Alerts2026-08-14 | Corporate Decision 1385Added
Corporate Decision 1385 — Application to charter World Liberty Trust Company, National Association, Bay Harbor Islands, FL
The Office of the Comptroller of the Currency grants preliminary conditional approval to charter World Liberty Trust Company, National Association as a national trust bank in Bay Harbor Islands, Florida. The Bank is authorized to engage in dollar-backed stablecoin issuance and redemption, digital asset custody services in a fiduciary capacity, and conversion services for custody customers. Final approval to commence business is contingent upon meeting all preopening requirements, including applying for stock in a Federal Reserve Bank and complying with the GENIUS Act regarding stablecoin activities.