Kraken Parent Company Applies for OCC Charter in Move Toward Banking

Latest NewsPublishedMay 8, 2026The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.Payward, the parent company of cryptocurrency exchange Kraken, announced that it had filed an application with the US Office of the Comptroller of the Currency (OCC) for a national trust company charter, following other digital asset companies.In a Friday notice, Payward said that the OCC application, if approved, would result in the…

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BTC Holders May Sell To Realize Profits Following April Rally

Bitcoin profit-taking could accelerate as BTC prices climb to three-month highs and investors begin locking in gains, according to Julio Moreno, head of research at onchain analytics platform CryptoQuant.Holders realized 14,600 BTC in profits on Monday, or $1.1 billion, following Bitcoin’s April rally, Moreno said, adding that this is the…

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