Warren pressures regulator for crypto license linked to Trump.

• Warren questions crypto company's banking license.
• Foreign participation raises regulatory concerns in the US.
• OCC evaluates World Liberty's request cautiously.

Senator Elizabeth Warren demanded explanations from the Office of the Comptroller of the Currency regarding the banking license application submitted by World Liberty, a cryptocurrency company associated with the current President of the United States, Donald Trump.

During the hearing, Warren questioned whether the company had adequately disclosed the existence of a significant foreign investor in its ownership structure. The concern arose after reports that a senior official from the United Arab Emirates had quietly acquired a 49% stake in the venture shortly before Trump's return to the presidency.

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The senator requested direct clarification from the head of the Office of the Comptroller of the Currency (OCC), Jonathan Gould, regarding the transparency of the request. "Did World Liberty disclose that the UAE official's company was a shareholder?" Warren questioned during the session.

Gould declined to comment on details of applications under review, stating that the agency follows standardized procedures for all requests. According to him, the evaluation will be conducted in accordance with the technical and regulatory protocols applicable to the banking sector.

Warren argued that OCC rules require full disclosure of any relevant shareholder with a 10% or greater ownership stake. In the senator's assessment, the absence of this information could justify rejecting the license. She also requested access to the full documentation for legislative oversight purposes.

Warren presented the case as an issue involving both national security and potential conflicts of interest. According to the congresswoman, the combination of foreign involvement and ties to a sitting president could pose institutional risks if authorization is granted.

In response to questions about potential political pressure, Gould stated that the only influence he perceived during the process "came from you," referring to the legislators, and reiterated that the analysis will follow technical criteria, without preferential treatment.

This episode highlights the growing tensions in Washington surrounding cryptocurrency regulation and the entry of cryptocurrency companies into the traditional banking system. The granting of national licenses has been seen as a strategic step for projects seeking to integrate crypto services into conventional financial operations.

At the same time, the debate reflects increasing scrutiny of ownership structures, transparency, and governance in initiatives that connect digital assets to the United States financial system.