Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase

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Payward, the parent company of cryptocurrency exchange Kraken, is currently applying for a national trust charter from the Office of the Comptroller of the Currency (OCC), following in the footsteps of Ripple and Coinbase. The application seeks to establish the Payward National Trust Company, which would allow Kraken to expand its services and potentially access more traditional banking partnerships.