Paxos received ‘preliminary conditional approval’ for US banking charter
The Office of the US Monetary Control (OCC) granted today’s stablecoin and PayPal contributor Paxos a federal charter to form a national trust bank – just the third the OCC has. for crypto companies.
Paxos joined the Achorage custody company, who was the first to receive the charter in Januaryand guardian Protego, received their conditional charter in February.
Fusion Media or anyone associated with Fusion Media will not be liable in any way for loss or damage resulting from reliance on information including data, quotes, charts and buy / sell signals contained in this site. Please be fully informed about the risks and costs associated with trading the financial markets, which is one of the riskiest investments possible.