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The Trumps’ crypto project just got one step closer to becoming a bank

Trump appears at a March 2025 White House cryptocurrency summit alongside Treasury Secretary Scott Bessent, whose department houses the Office of the Comptroller of the Currency. Chris Kleponis/CNP/Zuma Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Federal regulators have given President Donald Trump’s family crypto business a conditional approval to operate like a bank. On Friday, the Office of the Comptroller of the Currency—...

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