Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank

Agora has received approval from the Office of the Comptroller of the Currency (OCC) to move its asset custody service to a US trust bank. The new bank will take over issuance and reserve functions from Agora’s Bermuda entity, subject to meeting capital, liquidity, and compliance requirements before operations can commence.

Sources

• The Defiant — Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank

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