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Stablecoin platform Bridge, owned by the payments processor Stripe, said it had received conditional approval to operate as a federally chartered national trust bank under the US Office of the Comptroller of the Currency (OCC).
In a Tuesday notice, Bridge said it had received conditional approval from the banking regulator, allowing the company to “operate stablecoin products and services under direct federal oversight” once fully approved. Bridge said the charter would allow it to offer custody of…
https://cointelegraph.com/news/bridge-stripe-occ-approval-national-trust-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
