Kraken Parent Goes for the OCC Charter in Bid to Become a Federal Crypto Bank

Kraken parent goes for the OCC charter in bid to become a federal crypto bank

Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account.

Kraken Parent Payward Seeks U.S. Bank Charter for Crypto Custody

Summary: Payward applies for OCC national trust charter to expand custody services. Move targets institutional investors requiring qualified custodians. Part […] The post Kraken Parent Payward Seeks U.S. Bank Charter for Crypto Custody appeared first on CoinsPress.

Kraken’s Parent Files For OCC National Trust Charter—Hinting At A Ripple, Coinbase Play

Payward, the parent company of cryptocurrency exchange Kraken, disclosed on Friday that it has filed an application with the Office of the Comptroller of the Currency (OCC) seeking approval for a National Trust Company charter.  A national trust company charter would allow Payward to set up a federally regulated custody business under OCC oversight. The company said the purpose is to broaden access for institutional clients that require a federa…

Kraken Parent Payward Boldly Seeks 2026 Federal Bank Charter

Payward is the holding company for Kraken. It has applied for a federal bank charter, which potentially represents a significant step in the direction of integrating digital asset services within the regulated banking system in the U.S. This paper also discusses some of the requirements to be officially recognized as a trusted custodian for Bitcoin […]

Kraken Parent Payward Moves To Become A Federal Crypto Bank

Kraken parent Payward has applied for an OCC charter to become a federally regulated crypto bank. Kraken’s existing Wyoming charter and direct Federal Reserve access position it to operate nationwide under one banking framework. The OCC filing signals crypto exchanges are evolving into full-scale financial infrastructure with bank-grade payment rails. Payward, the parent company behind Kraken, has applied for an OCC charter. The move would turn …