U.S. Senator Elizabeth Warren, the senior Democrat on the Senate Banking Committee, has called for a halt to the application for a U.S. national trust banking license related to World Liberty Trust Co. until Donald Trump divests his family's stake in the related digital asset business. Warren has reportedly written to Jonathan Gould, the Office of the Comptroller of the Currency, requesting a delay in the application process while Trump still holds a stake. She argues that if the application is approved, regulatory rules could directly impact the profitability of presidential-related businesses, posing a serious conflict of interest. Warren stated that Congress failed to address such issues when passing the GENIUS bill, and therefore the Senate has a responsibility to address these conflicts when considering legislation on the crypto market structure. The Senate Banking Committee is about to hold hearings on the relevant bill, but the latest leaked draft does not yet include the government ethics clauses previously demanded by Democrats. (CoinDesk)