CryptoBullishCoinDesk · 10h ago7/10
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Kraken parent goes for the OCC charter in bid to become a federal crypto bank
Payward, Kraken's parent company, is applying for an OCC charter to establish a federally regulated trust company, complementing its existing Wyoming bank charter and Federal Reserve master account. This move positions Kraken to become a fully federally chartered crypto bank with enhanced regulatory legitimacy and operational scope.
