Kraken parent goes for the OCC charter in bid to become a federal crypto bank

May 8, 2026 - 18:30
Kraken parent goes for the OCC charter in bid to become a federal crypto bank
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 shared with CoinDesk, as the company looks to expand its regulated digital-asset custody business. If approved, the charter would establish Payward National Trust...

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