Digital asset company Laser Digital has received preliminary conditional approval from the Office of the Comptroller of the Currency to establish a federally regulated trust bank

According to official news, Laser Digital has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank. This entity will serve as a federally regulated trust institution for institutional clients.

Once officially licensed, its business scope will include foreign exchange and stablecoin intermediation, cross-margin collateral management for digital and traditional assets, as well as multi-asset trust custody for tokenized and traditional assets.