World · Institutional · United States ·
U.S. banking regulator approves blockchain bank OpenReserve charter
The Office of the Comptroller of the Currency granted a provisional charter to OpenReserve, a new full-service bank focused on blockchain infrastructure, adding it to the growing number of crypto-native institutions authorized to operate in the U.S.
Why it matters for the crypto market
A major milestone for institutional crypto infrastructure. A federally chartered blockchain-focused bank expands legitimate access pathways and reduces reliance on traditional banking intermediaries for crypto market participants.
Source: CoinDesk
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