World Liberty Trust Company Gets OCC Nod While Abu Dhabi Royal's Stake Comes Into Focus
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.3 Articles
3 Articles
World Liberty Financial US Trust Bank: What the Abu Dhabi Report Leaves Open
In brief: Citing the Wall Street Journal, Cointelegraph reports an alleged 49 percent stake held by StringZ in the holding company behind the planned World Liberty Trust Company, a figure that has not been independently confirmed. The OCC has granted that institution preliminary conditional...
In short, Cointelegraph reports on an alleged, non-independently confirmed 49 percent interest of StringZ in the holding behind the planned World Liberty Trust Company. OCC has granted provisional conditional approval for this institution, but no final approval of operations. Prior to each assessment, ownership, final approval, permitted services and reserve controls must be individually audited, as a holding's interest is not a bank licence and…
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