DL News – By Mathew Di Salvo – 9 January 2026
Trump-backed World Liberty Financial is the latest crypto project to apply for a banking licence.
A number of top crypto companies already have conditional approval.
Traditional lenders have expressed concerns over crypto companies getting the licence.
Nicolle Lafosse, counsel at the international law firm Diaz Reus, told DL News that banks are not merely concerned about competition but also risks to deposit safety, community obligations and overall financial stability.
“Clear regulatory boundaries and balanced oversight will be critical to ensuring crypto-linked banks can coexist sustainably with traditional financial institutions,” she added.
