Regulatory Alerts2026-07-28
Added · Updated
Charter Application for Dakota National Trust Bank
Dakota Ridge, Inc. submits an application to the Office of the Comptroller of the Currency to charter Dakota National Trust Bank as a de novo national trust bank headquartered in New York. The proposed institution will offer digital asset custody services as a fiduciary, issue U.S. dollar-denominated stablecoins, and provide related customer-directed transactional services. The application includes requests for confidential treatment of business strategies and a residency waiver for the proposed board of directors.