Paxos Receives OCC Approval to Operate as a National Trust
Paxos gains authorization from the U.S. OCC to become a regulated national trust, bringing all its U.S. operations under unified federal oversight.
Paxos Gains Approval to Become Regulated National Trust
Paxos has announced that the U.S. Office of the Comptroller of the Currency has approved its transition to a regulated national trust institution. This designation places the company’s U.S. operations under direct OCC supervision, creating a single regulatory framework instead of a state-by-state approach.
With this approval, Paxos can offer regulated digital asset services across all 50 states while maintaining consistent compliance standards. The company also plans to support businesses at different stages of digital asset adoption, from infrastructure providers to consumer platforms.
For market observers, this development highlights the ongoing trend of crypto firms aligning more closely with U.S. banking and regulatory structures. It may also influence how institutional partners evaluate custody and settlement providers in the digital asset space.
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Regulatory update for clearer market context.
Disclaimer: Not Financial Advice
