Galaxy Digital Applies for a National Trust Bank Charter
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On October 29, 2026, Cryptopolitan reported that Galaxy Digital had applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The report stated that, if approved, Galaxy Digital would hold and manage client assets under a federal regulatory framework and could serve as a qualified custodian. The report also said that the application came four years after Galaxy Digital abandoned its acquisition of BitGo. As of the report’s publication, the application was still pending approval, and no approval information had been disclosed.
AI-written from reports · updated 2 hours ago
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- CryptopolitanGalaxy Digital applies for a national trust bank charter, four years after abandoning its acquisition of BitGo
Galaxy Digital has applied to the U.S. OCC for a national trust bank charter. If approved, it will be able to hold and manage client assets under federal supervision and serve as a qualified custodian.
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