Cryptocurrency company Paxos has filed an application with the Office of the Comptroller of the Currency (OCC) in the United States for a nationwide trust bank license. If approved, Paxos will become the first digital asset custodian to be regulated as a “cryptobank” at federal and regional levels. Paxos is today regulated by the New York State Financial Services Authority (NYDFS) as a trust company. Paxos expects to open its own ban in New York. The company specializes in the issuance of stablecoins, the storage of cryptocurrency assets and brokerage services. Dan Burstein, Paxos General Counsel, said: "The OCC license will enable us to fulfill our mission of modernizing the infrastructure of the financial market and ensuring the reliable movement of any asset at any time." At the same time, BitPay, which specializes in cryptocurrency payments, wants to open a bank in Georgia. The company is targeting a $ 12 million capitalization of its new venture. Over the next 30 days, comments will be collected on both applications. Once approved, companies will no longer have to ensure that their operations comply with the laws of each individual state.