ZeroHash Seeks National Trust Bank Charter Amid Expanding OCC Crypto Licensing
- ZeroHash has applied for a national trust bank charter with the Office of the Comptroller of the Currency (OCC) to provide digital asset custody, stablecoin management, and settlement services.
- The OCC’s crypto licensing pipeline now includes applications from Morgan Stanley Digital Trust and World Liberty Trust Company, with recent approvals for Circle, Ripple, Paxos, Fidelity, and BitGo.
- Revolut is pursuing a full U.S. banking charter to offer checking, savings, and crypto services in the U.S., aligning with its global growth strategy.
ZeroHash aims to expand its digital asset services by securing a national trust bank charter from the OCC. This move reflects growing interest in regulated crypto services as more firms like Revolut seek banking charters to integrate traditional and digital finance offerings.
With ZeroHash’s application adding to an expanding list of digital asset licensing at the OCC, it highlights increasing institutional interest in regulated crypto solutions. Source