Regulatory Alerts2026-02-13 | Corporate Decision 1366Added
Corporate Decision 1366 — Application to charter National Digital Trust Company, Seattle, WA
The Office of the Comptroller of the Currency grants preliminary conditional approval to Protego Holdings Corporation to charter National Digital Trust Company, a national trust bank in Seattle, Washington, limited to trust company operations and related activities including crypto-asset custody, trading, lending, and issuer services. The OCC also waives director residency requirements and approves the exercise of fiduciary powers for discretionary staking, protocol governance, and client-to-client digital asset lending. Final authorization to commence business is contingent upon meeting all preopening requirements, including maintaining $15 million in tier 1 capital with specific liquidity ratios and holding 180 days of operating expenses in eligible liquid assets for the first three years of operation.