Regulation & Legal Unverified First seen 2026-10-05 19:53 UTC

Modern Treasury seeks US trust bank charter for digital asset custody

Modern Treasury is seeking federal approval for a limited-purpose national trust bank to offer stablecoin custody and related fiat services, according to Cointelegraph.

Why “Unverified”

Reported by Cointelegraph alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 48/100. How labels work

What the sources claim

Modern Treasury is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.

“The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.”
Cointelegraph

Sources

Cointelegraph newswire 2026-10-05 19:53 UTC
Modern Treasury seeks US trust bank charter for digital asset custody

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Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-05 20:10 UTC. Labels are computed from the sources, not by the model.