Elizabeth Warren Urges Delay on Trump-Linked Crypto Bank

US Senator Elizabeth Warren has asked banking regulators to slow down a major crypto-related decision. She wants them to delay World Liberty Financial’s request for a bank charter. According to her, this pause should stay in place until former President Donald Trump fully cuts ties with the project. Her statement has added fresh tension to the already heated debate around crypto and politics.

What Is World Liberty Financial

World Liberty Financial is a crypto and DeFi platform that launched in 2024. It is linked to members of the Trump family and focuses on digital asset services. The company is now applying for a national trust bank charter. If approved, this would allow it to operate more like a traditional financial institution while offering crypto-related products. A bank charter would give World Liberty Financial access to the US banking system. This includes holding customer assets and offering regulated financial services. For crypto companies, such approval is a big step toward mainstream adoption.

Warren’s Conflict of Interest Warning

Senator Warren says there is a serious conflict of interest. She argues that Trump’s connection to the project could influence regulators or policy decisions. Because of this, she believes regulators should not move forward until Trump clearly steps away from any financial involvement. In her view, public trust in the system is at risk. Donald Trump has become more vocal about crypto in recent years. His administration has also shown a more friendly stance toward digital assets. This has made some lawmakers uneasy.

Mixed Reactions From the Crypto Community

The response on social media has been divided. Many crypto supporters say Warren is blocking innovation and using regulation as a weapon. Others agree with her concerns and believe strong rules are needed when politics and money intersect. This split reflects the wider debate around crypto regulation in the US.

This issue goes beyond one company. It shows how crypto regulation is becoming a political battleground. Lawmakers are still deciding who should control the space and how strict the rules should be. Cases like this highlight the struggle between innovation, ethics, and oversight.

What Happens Next

Regulators have not yet responded publicly to Warren’s request. They will now face pressure from both sides. If the application is delayed, it could slow World Liberty Financial’s plans. If it moves forward, criticism around conflicts of interest may grow stronger.

Crypto is no longer just about technology. It is now closely tied to politics, regulation, and power. Decisions like this could shape how future crypto banks operate in the US. For investors and builders, clarity from regulators is becoming just as important as market prices.