TechFlow reports that on May 31, according to official announcements, Laser Digital has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank. This entity will operate as a federally regulated trust institution serving institutional clients. Upon receiving formal chartering, its scope of operations will include foreign exchange and stablecoin intermediation, cross-margin collateral management for digital and traditional assets, and multi-asset trust custody for tokenized and traditional assets. Laser Digital stated that this charter will integrate its multi-year infrastructure into a unified federal regulatory framework. The announcement clarified that the aforementioned preliminary conditional approval does not constitute final authorization to commence operations.
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