OCC Gives Catena Preliminary Conditional Approval for National Trust Bank

The Office of the Commissioner of Capital Markets (OCC) has given preliminary conditional approval to Catena for its proposed National Trust Bank. The bank will be able to custody and manage fiat, securities, and digital assets, but Catena must meet capital, liquidity, and preopening requirements before operations can commence.

Sources

• The Defiant — OCC Gives Catena Preliminary Conditional Approval for National Trust Bank

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