Bastion Platforms National Trust Company has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to Cointelegraph. The proposed federally regulated entity is designed to bring several digital-asset services under one platform. Its planned offerings include stablecoin custody, crypto wallets, payment infrastructure and white-label stablecoin issuance. The approval remains conditional, so the charter does not represent an unconditional launch of the bank or its full range of services. If Bastion satisfies the OCC’s requirements, the company would operate these activities through a single national trust company rather than separate entities. The development highlights Bastion’s efforts to establish a regulated framework for institutional digital-asset and stablecoin services, although the source material does not provide further details about the approval conditions or a launch timeline.
