🔥🏛️ BREAKING: ETHEREUM FOUNDATION FILES FOR U.S. DIGITAL TRUST BANK LICENSE! 🔥💼
🏦 Ethereum Digital Trust Bank — the Ethereum Foundation’s official application for a U.S. National Trust Bank Charter — has now been submitted to the OCC and entered into early-stage review 🇺🇸
📜 Key Facts:
✅ Filed with: Office of the Comptroller of the Currency (OCC)
🏛️ Proposed name: Ethereum Digital Trust Bank
📍 Address: 600 California St., 11th Floor, San Francisco, CA
⚖️ Legal counsel: Latham & Watkins LLP (FinTech Division)
💼 Charter type: De novo national trust bank — allows institutional custody, digital-asset management, and staking services (non-retail).
🕒 Status: Under preliminary OCC review — pending acceptance.
💹 Market Snapshot:
💰 $ETH ≈ $3,860
📈 Analysts predict a potential run to $5,000–$6,500 if regulatory approval is granted.
🧩 Ethereum’s strong DeFi footprint and compliance framework position it as a front-runner for institutional trust banking.
🌐 Why It Matters:
Ethereum could become the first Layer-1 ecosystem to secure a U.S. national banking charter — uniting on-chain finance with federal regulation.
If approved, it opens doors to FedNow integrations, stablecoin settlements, and large-scale institutional custody.
⚠️ Note: Review periods can stretch months, with scrutiny from legacy financial groups and federal policymakers.
Still, the signal is clear: Ethereum isn’t waiting for the system to adapt — it’s building the bridge itself. 🚀
#Ethereum #ETH #CryptoNews #DeFiAdoption #MarketUpdate
ETH
3,860.00
+2.95%