Paxos becomes latest crypto firm to seek U.S. National Trust Bank license

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the United States. This move places the company among several digital asset firms aiming to strengthen their presence in the traditional banking system. If the U. S. Office of the Comptroller of the Currency (OCC) approves the application, […] source: https://www.cryptopolitan.com/paxos-becomes-latest-crypto-firm-to-seek-u-s-national-trust-bank-license/