What is Zerohash applying for with the OCC?

[AIcash]

Zerohash has applied for a National Trust Bank Charter with the Office of the Comptroller of the Currency (OCC). This type of charter allows the company to operate as a federally regulated trust bank, offering fiduciary activities, asset custody, and settlement services nationwide. It does not permit deposit-taking or loan issuance and is not FDIC-insured.

[chainsniff]

zerohash becomes a federally regulated trust bank… but can’t take deposits, ok cool

[UndeadBeastMonkeykiller]

Crypto slowly merging with traditional finance.

[9777089235]

Regulation bringing structure to the space.