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Galaxy seeks its own trust bank charter, four years after dropping BitGo

Galaxy seeks its own trust bank charter, four years after dropping BitGo

Photo: Cryptopolitan

Galaxy Digital (NASDAQ: GLXY) has applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC). Galaxy tried to obtain that same regulated custody capability back in 2021 by acquiring BitGo, but that custodian went on to secure its own federal charter first. Why did Galaxy try to...

Source: Cryptopolitan

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