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Rain seeks US trust bank charter days after OCC sued over crypto charters

Cointelegraph·October 6, 2026·1 min read
Rain seeks US trust bank charter days after OCC sued over crypto charters

Rain is seeking a US trust bank charter, joining a queue of crypto firms pursuing federal trust charters. This comes days after community banks sued to overturn the OCC rules that underpin such charters. The legal challenge could affect the approval process for Rain and other applicants.

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