Home Business News Paxos received 'preliminary conditional approval' for US banking charter Under Cointelegraph

Paxos received ‘preliminary conditional approval’ for US banking charter Under Cointelegraph


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.