Bastion receives conditional approval from the OCC to operate a bank charter

- Bastion Platforms National Trust Company was conditionally approved by the U.S. Office of the Comptroller of the Currency (OCC) for a national bank charter.
- The new entity will provide stablecoin custody services, e-wallets, payment infrastructure, and white-label issuance from a platform regulated under federal laws.
- This is an important step toward bringing digital currency services into traditional banking in the U.S.
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Source: CoinTelegraph