World Liberty, Flagship in Trumps’ crypto fleet, seeks a US banking license, via WSJ
Newsquawk Staff ·
World Liberty, Flagship in Trumps’ crypto fleet, seeks a US banking license, via WSJ.
What it means
World Liberty's move to seek a US banking license underscores a push for greater legitimacy in the cryptocurrency space, particularly as regulatory scrutiny intensifies. This could signal a broader trend where crypto firms seek formal banking status to enhance their operational framework and consumer trust, potentially reshaping interactions with traditional financial institutions.
Sources
- Crypto Exchange Gemini launches hourly and daily prediction contracts with fixed resolution times for Zcash and Hyperliquid; contracts pay USD 1 for the correct outcome, with maximum loss limited to the purchase price
- Binance says roughly USD 2.85bln in digital assets have been frozen or intercepted
- Binance says it will reopen withdrawals for some assets and to reopen some withdrawals beginning today at 04:00 UTC (23:00EST)
- Newsquawk Daily Asia-Pac Opening News - 3rd November 2026
- Strategy (MSTR) offers up to USD 4.13bln of 10% Series A perpetual stride preferred stock
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