Payward Files OCC Trust Charter Application to Advance Kraken’s Federal Crypto Custody Push

TLDR: Payward filed for an OCC national trust charter to establish a federally regulated crypto custody entity called PNTC. The proposed PNTC would serve institutional clients requiring bank-level custody protections under direct OCC oversight. Kraken Financial remains the first digital-asset bank to secure a Federal Reserve master account since 2020. Payward’s multi-charter strategy pairs its [...]

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