Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account. Payward filed for a national trust company charter with the OCC. The proposed entity would offer federally regulated crypto custody services. The move builds on Kraken Financial’s Wyoming SPDI charter and Fed access. Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptr…
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