Treasury Department Grants Banking Charter To Witkoff, Trump Family-Owned Crypto Firm
AI:The Treasury Department has officially granted a banking charter to World Liberty Financial, the cryptocurrency venture closely tied to the Trump family and Witkoff Group. This move signals a massive pivot in federal financial oversight, effectively bypassing traditional regulatory hurdles to allow shadow-banking entities with deep political connections to enter the mainstream financial system. While leftist media outlets continue their predictable dance of ignoring these massive shifts in monetary control, this development represents a fundamental restructuring of how digital assets interface with federal banking standards under the current administration's influence.Open
PULSE POINTSWHAT HAPPENED: Coinbase CEO Brian Armstrong heaped praise on the Chinese Communist Party’s approach to controlling digital currency interest payments, sparking debate over stablecoin policies in the U.S.WHO WAS INVOLVED: Coinbase CEO Brian Armstrong, U.S. banking lobby groups, and Chinese financial institutions.WHEN & WHERE: Armstrong’s comments were made in January 2026, via X (formerly […] The post Coinbase CEO Backs Chinese Communist Party’s Move to Control Crypto. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: Coinbase CEO Brian Armstrong heaped praise on the Chinese Communist Party’s approach to controlling digital currency interest payments, sparking debate over stablecoin policies in the U.S. WHO WAS INVOLVED: Coinbase CEO Brian Armstrong, U.S. banking lobby groups, and Chinese financial institutions. WHEN & WHERE: Armstrong’s comments were made in January 2026, via X (formerly Twitter), amidst ongoing U.S. stablecoin regulation debates. KEY QUOTE: “China has decided to pay interest on its own stablecoin, because it benefits ordinary people, and they recognize it as a competitive advantage.” – Brian Armstrong IMPACT: The remarks have caused concern that Armstrong is in favor of a central bank digital…Open
AI:Coinbase CEO Brian Armstrong has sparked debate regarding U.S. stablecoin policy after praising the Chinese Communist Party's approach to digital currency. Armstrong specifically highlighted China's decision to pay interest on its digital yuan as a competitive advantage that benefits citizens. These comments come amid ongoing domestic tension between crypto platforms and banking lobbyists over yield-sharing programs, as well as broader political debates regarding the implementation of Central Bank Digital Currencies (CBDCs) in the United States.Open