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Eleven Companies, Eighty-Three Days: The Race for a Federal Crypto Banking License

Eleven Companies, Eighty-Three Days: The Race for a Federal Crypto Banking License

From Circle to Morgan Stanley, eleven companies filed for or received OCC national trust bank charter approvals in 83 days. A new federal rule takes effect April 1. Traditional banks are fighting back on two fronts at once. Here is the full story.

 


 

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A Pattern Nobody Announced

March 4, 2026. Zerohash, a Chicago-based crypto infrastructure company, filed paperwork with the Office of the Comptroller of the Currency (OCC) requesting a national trust bank charter. Most readers…

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