Bastion wins conditional OCC approval for national trust bank charter
60-second summary
Bastion Platforms National Trust Company secures conditional OCC approval to operate a national trust bank, enabling it to provide stablecoin custody, wallet services, payment infrastructure and white‑label token issuance under a single federally regulated entity; this regulatory milestone strengthens U.S. crypto banking frameworks, potentially boosting institutional confidence and expanding market liquidity for digital assets.
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.