Original Source Material
The digital-asset firm is vying for a national trust banking charter, the same license for which Circle, Ripple and Paxos were conditionally approved.
Nomura spinoff Laser Digital applies for OCC charter
Summary
Laser Digital, a digital-asset firm, is applying for a national trust banking charter from the OCC; this follows similar applications by Circle, Ripple, and Paxos.
Why It Matters for Texas Credit Unions
Texas credit unions may need to stay informed about changes in federal regulations that could impact their operations, especially regarding digital assets and trust banking services.