...OCC to form a national trust bank ... If fully approved, the new entity will operate as Foris Dax NationalTrustBank, doing business as Crypto.com National Trust Bank ... National Trust Bank On Coin Edition.
According to a Feb 23 announcement, the approval clears the path for the creation of Foris Dax NationalTrustBank, which will do business as Crypto.com National Trust Bank once fully authorised.
The new entity, Foris Dax NationalTrustBank — which will operate as Crypto.com National Trust Bank once fully authorized — will function as a limited-purpose national trust bank.
NationsTrustBank, Director and Chief Executive Officer, Hemantha Gunefilleke, stated, "The Bank's performance in fhe year 2025 reflects the resilience of our business model and the disciplined execution of our strategy at Nations Trust Bank.
Bridge, the stablecoin platform owned by payments firm Stripe, was awarded a conditional approval from the US Office of the Comptroller of the Currency (OCC) to organize a federally chartered national trust bank.