CoinScoopAI-focused financial firm Catena receives conditional approval from OCC to establish trust bank
The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to Catena, a financial institution for AI agents, to establish Catena Trust Bank, N.A. (in organization). Upon receiving final approval, the bank will provide fiduciary digital asset custody, investment management, and trust services under the supervision of the OCC.
Summaries are written by AI from the original article. Not investment advice.