ZeroHash Applies for National Trust Bank Charter as OCC Crypto Pipeline Grows

Group 1: ZeroHash's National Trust Bank Application - ZeroHash has applied for a national trust bank charter with the Office of the Comptroller of the Currency, aiming to provide specialized digital asset services rather than traditional banking services [1][2] - The services proposed by ZeroHash include custody over digital assets, fiat currency, custodial staking, validation activities, transfer agent services, trade execution, stablecoin management, and settlement, clearing, and escrow services [3] - The OCC has seen a significant increase in digital asset licensing applications, with approvals granted to firms like Circle, Ripple, Paxos, Fidelity, and BitGo [4] Group 2: Comparison with Revolut - British fintech firm Revolut has also applied for a U.S. banking charter, seeking to operate as a full-service bank, which contrasts with ZeroHash's focus on a national trust bank [5] - Revolut aims to build a global banking platform and has expressed interest in offering crypto services, recently participating in the UK's stablecoin regulatory sandbox [5]