🚨 Rain Files for OCC Trust Charter: The End of Third-Party Custody?
📊 Alpha Breakdown:
Rain applied for an OCC national trust charter to custody digital assets and dollars. The proposed New York bank will manage stablecoin reserves and issue dollar-backed tokens for institutional clients. It joins Circle and Ripple in seeking direct federal supervision....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/rain-files-for-occ-trust-charter-the-end-of-third-party-custody
#cryptonews #cryptocurrency #cryptoregulationnews
📊 Alpha Breakdown:
Rain applied for an OCC national trust charter to custody digital assets and dollars. The proposed New York bank will manage stablecoin reserves and issue dollar-backed tokens for institutional clients. It joins Circle and Ripple in seeking direct federal supervision....
🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/rain-files-for-occ-trust-charter-the-end-of-third-party-custody
#cryptonews #cryptocurrency #cryptoregulationnews