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via CoinDesk · By CoinDesk Staff
Kraken parent goes for the OCC charter in big to become a federal crypto bank
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$0.7957
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CoinDesk Staff(05:00 PM UTC)
1 min read
Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account.
*** DO NOT PUBLISH - EMBARGO TIME FRIDAY 8 MAY TBC ***
Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of the Currency (OCC), according to a Friday announcement…
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