World Liberty Financial, a cryptocurrency project linked to the family of U.S. President Donald Trump, is expected to soon receive a federal trust bank charter, The Block reported on Tuesday.

The report said Jonathan Gould (조너선 굴드), the head of the Office of the Comptroller of the Currency (OCC), is set to announce a decision on World Liberty’s application soon. Two former OCC staffers, speaking anonymously, said approval is all but certain. One said, “A rejection is unimaginable.”

World Liberty set up a U.S. trust company in January and applied to the OCC for a charter. If it receives a federal trust bank charter, World Liberty would be able to issue and redeem its own stablecoin, USD1, manage reserves and provide digital asset custody and conversion and settlement services under a single federal regulatory framework.

World Liberty currently issues USD1 through BitGo, but if it gets the charter it would be able to issue it directly without an intermediary.

There is also controversy over conflicts of interest. Disclosures show 75 percent of proceeds from WLFI token sales go to DT Marks DEFI LLC, an entity controlled by the Trump family. Reuters recently estimated the Trump family has earned more than $2.3 billion from four cryptocurrency businesses since taking office for a second term, with World Liberty accounting for the largest share.