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Trump-appointed regulator approves banking license for Trump-linked crypto firm

Politico · CNBC · first seen 14.08.2026 · updated 15.08.2026

A Trump-appointed regulator approved a banking license for a crypto venture in which the president and his family retain a financial interest.

  • A Trump-appointed regulator approved a banking license for a Trump-linked crypto firm
  • The president and his family retain a substantial financial interest in the venture

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