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BitPay Applies To OCC To Become A National Bank

Mary Liu

Summary: According to a legal document issued by the Atlanta Journal-Constitution, the crypto payment company BitPay has applied to the Office of the Comptroller of Currency (OCC) to become a federally regulated bank, named BitPay National Trust Bank, headquartered in Georgia, USA. If passed, BitPay can streamline its crypto business without different state regulations. By Mary ...

According to a legal document issued by the Atlanta Journal-Constitution, the crypto payment company BitPay has applied to the Office of the Comptroller of Currency (OCC) to become a federally regulated bank, named BitPay National Trust Bank, headquartered in Georgia, USA. If passed, BitPay can streamline its crypto business without different state regulations.

By Mary Liu

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Link: BitPay Applies To OCC To Become A National Bank   [Copy]
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