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Bastion Receives Conditional Approval from OCC to Advance National Trust Bank License Application
23 hour ago /
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Author：小编
Cryptocurrency stablecoin infrastructure provider Bastion has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to formally apply for a national trust bank license. Upon approval, Bastion will establish the federally regulated Bastion Platforms National Trust Company. This entity will not initially engage in traditional deposit and lending operations but will primarily focus on compliant stablecoin custody, e-wallets, payment infrastructure, and white-label issuance services to meet new regulatory requirements following the integration of stablecoins into core financial infrastructure.
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