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World Liberty Financial, linked to Trump, faces scrutiny over bank charter and stablecoin rules in US Congress.

Market News
04 Jun 2026
Tokenpost
View Source
Neutral
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World Liberty Financial, a crypto firm connected to Donald Trump, is under intense scrutiny during a US congressional hearing on banking regulation and stablecoins. Concerns focus on its national trust-bank charter application and ties to foreign investors and Binance, raising conflict of interest questions. Regulators emphasized adherence to federal laws and ethics, while new stablecoin rules and limited Federal Reserve access for crypto firms like Kraken were also discussed. This reflects growing regulatory focus on crypto's role in banking and finance in 2026.

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