Claim: The crypto company owned by Donald Trump has been turned into a federally chartered bank.
Verdict: Correct (95% confidence)
Explanation: According to the Wall Street Journal, World Liberty Financial, a crypto company owned by Donald Trump, has received preliminary approval to operate as a federally chartered national trust bank. Reuters also confirms that the U.S. Office of the Comptroller of the Currency (OCC) has conditionally approved the bank charter for World Liberty Financial. Politico reports that this charter will allow the company to manage its USD1 stablecoin. These sources directly support the claim that the company ha...