OCC Gives Catena Preliminary Conditional Approval for National Trust Bank

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The Office of the Comptroller of the Currency (OCC) has granted Catena preliminary conditional approval to establish a national trust bank in the United States. This bank would be authorized to custody and manage fiat, securities and digital assets. Before it can operate, Catena must meet capital, liquidity and preopening requirements. This decision marks a new step in the integration of digital assets into the traditional American banking system.

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