World Liberty Financial, a crypto venture backed by the Trump family, has received preliminary approval from the Office of the Comptroller of the Currency for a national bank trust charter. This approval allows the company to manage its USD stablecoin under a federally chartered trust bank structure, subject to regulatory conditions. This decision could complicate efforts by the U.S. Senate to pass the Clarity Act, a major cryptocurrency market-structure bill. The Senate has adjourned without voting on the measure, and prediction market odds for passage this year have dropped to 23.5%, down from 26% twenty-four hours ago.
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