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via Decrypt · By Decrypt Editorial
Kraken Parent Payward Applies for OCC National Trust Bank Charter
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Decrypt Editorial(06:31 PM UTC)
1 min read
In brief
- Payward, which operates crypto exchange Kraken, filed for a national trust company charter with the Office of the Comptroller of the Currency.
- The proposed trust company would provide federally regulated digital asset custody services to institutional clients nationwide.
- This builds on Kraken Financial, Payward's Wyoming-chartered bank that already holds a Federal Reserve master…
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