World Liberty Financial
OCC head says Democrats apply sole political pressure on World Liberty Charter
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The head of the Office of the Comptroller of the Currency told lawmakers Thursday that his agency faces political pressure only from Democrats over a trust charter application tied to President Donald Trump's family crypto firm.
Fighters at UFC Freedom 250 received performance bonuses in USD1, the stablecoin from the Trump family’s World Liberty Financial venture. The mixed martial arts contest took place on the South Lawn of the White House on June 14. The $250,000 bonus pool marked a prominent commercial use of the token.
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Crypto exchange HTX will remove the USD1 stablecoin from its platform and convert customer balances into USDT. The action follows a freeze of exchange wallets by World Liberty Financial. The move stems from compliance with UK sanctions targeting Russian financial networks.