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Today in crypto, Bastion received a conditional US trust bank charter from the OCC, Coinbase filed with the CFTC to bring single-stock perpetual futures to US traders and Binance brushed off a report that ECB President Christine Lagarde intervened in its failed Greek crypto license bid.
Stablecoin infrastructure provider Bastion said the Office of the Comptroller of the Currency (OCC) had granted it preliminary conditional approval for a US trust bank charter.
The charter adds federal supervision from the OCC to the state licenses Bastion already holds, according to a news release on Friday. Still, the proposed bank could not accept deposits or make loans, separating it from a conventional commercial bank.
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