@fastt.base.eth
US OCC Grants Conditional Approval for BitGo and Other Crypto Firms to Become National Trust Banks
The Office of the Comptroller of the Currency (OCC) has granted conditional approval for BitGo to convert into a national trust bank, enabling it to custody digital assets and offer regulated crypto services upon final approval. Several other crypto companies, including Ripple, Circle, Fidelity, and Paxos, have also received similar conditional approvals. This development marks a significant step toward institutional integration and regulatory clarity within the crypto custody and services sector.
0 reply
0 recast
0 reaction