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Zerohash’s Federal Charter Bid Rejected | Bitcoin and Crypto News
Description
Zerohash, the crypto backend powerhouse behind ETrade, BlackRock, and Stripe, hit a snag after its federal trust bank charter application was sent back by the OCC — likely due to scope issues. The company insists it’s just a procedural hiccup and plans to resubmit a tighter, more focused application by month’s end, hoping for a faster review. While their state charter keeps operations running smoothly, the setback comes amid a backdrop of recent fintech wins and a lingering lawsuit over alleged compliance gaps — though no direct link to the OCC’s decision has been confirmed.
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