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      Catena Receives Preliminary Approval for National Trust Bank from OCC

      The Office of the Comptroller of the Currency (OCC) has granted Catena a preliminary conditional approval to establish the National Trust Bank in the United States. This proposed financial institution aims to provide custody and management services for fiat currencies, securities, and digital assets.

      Before commencing operations, Catena must fulfill specific capital, liquidity, and preopening requirements set by the OCC. Meeting these conditions is essential for the bank to ensure compliance with regulatory standards and to operate effectively in the financial sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud