Morning Edition · Thursday, July 16, 2026Published at 1:28 AM EDT · New York
A national trust-bank charter from the Office of the Comptroller of the Currency would let the bank consolidate functions it now outsources, erasing the distinction between broker and crypto infrastructure.

Morgan Stanley has received preliminary approval from the Office of the Comptroller of the Currency (OCC), the United States regulator that charters national banks, for a trust bank that could consolidate crypto custody, staking and lending…
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