Trump-tied World Liberty Financial seeks bank charter to issue USD1 stablecoins: CNBC Crypto World

Summary

CNBC Crypto World covers bitcoin trading down to the $90,000 level alongside a weaker Nasdaq, World Liberty Financial's application for a national trust bank charter to issue and custody USD1 stablecoins, and Stand with Crypto's growing lobbying footprint ahead of the midterms. The main interview features Andrew Fierman of Chainalysis discussing the firm's Crypto Crime Report, which shows record illicit activity in 2025, including a surge in sanctions evasion by Russia, Iran, and North Korea. Fierman highlights stablecoins as 84% of illicit transaction volume, Chinese money-laundering networks, sanctions enforcement efforts, and expectations that crypto crime will continue in 2026 even as blockchain transparency aids disruption.

• Bitcoin fell to the $90,000 level as major cryptocurrencies moved lower with the Nasdaq/tech selloff.
• World Liberty Financial's subsidiary filed for an OCC national trust bank charter to issue and custody USD1 stablecoins.
• Stand with Crypto added 675,000 advocates in 2025 and plans to be heavily involved in the 2026 election.
• Chainalysis reported record illicit crypto activity in 2025, with $154 billion received by illicit addresses.
• Sanctioned-actor crypto activity surged 694%, driven by Russia, Iran, and North Korea.
• Stablecoins accounted for 84% of illicit transaction volume, and Chinese laundering networks handled over $10 billion.
• Andrew Fierman expects crypto crime to continue in 2026 but says blockchain transparency can help disrupt and seize funds.