The Office of the Comptroller of the Currency granted Catena Labs preliminary conditional approval to organize Catena Trust Bank, N.A. The Sept. 18 decision moves Catena from applicant to bank organizer, but does not authorize the proposed institution to open. Catena says the proposed bank is... Read the full story at The Defiant
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OCC Gives Catena Preliminary Conditional Approval for National Trust Bank
The proposed bank could custody and manage fiat, securities and digital assets, but Catena must meet capital, liquidity and preopening requirements before it can operate.
