Breaking: U.S. regulators take major step forward for crypto institutional infrastructure. The Office of the Comptroller of the Currency (OCC) has granted national trust bank charters to BitGo and Fidelity Digital Assets—a watershed moment for the Bitcoin and digital asset ecosystem.

What does this mean? Both firms can now operate as federally regulated national trust banks, enabling them to custody assets, manage trusts, and provide banking services under OCC oversight. This legitimizes crypto infrastructure at the highest regulatory level.

For BitGo, already a leading digital asset custody provider, the charter expands capabilities significantly. Fidelity Digital Assets gains direct access to traditional banking infrastructure, bridging institutional finance and crypto markets.

This regulatory approval signals growing acceptance of digital assets within America's financial system. As institutional players gain proper licensing frameworks, mainstream adoption accelerates. Major move for the industry.