Zerohash files second OCC trust bank application
Zerohash submitted a second application for a U.S. national trust bank charter on Aug. 19, approximately one month after the Office of the Comptroller of the Currency returned its original filing. The OCCs record lists the proposed institution as Zerohash National Trust Bank. It would be based in Asheville, North Carolina, and operate under a holding company structure if approved. The regulator opened public comments on Aug. 18. Comments must arrive by Sept. 17, giving interested parties 30 days to respond. The public record currently lists the application as received. It does not show an approval, denial or other regulatory decision. Zerohash narrows its second OCC application The OCC received Zerohash‘s first charter application on March 2 and returned it on July 17. The agency’s public database does not explain which parts of the proposal prompted the return. A returned application is not the same as a denial on its merits. It generally means the filing did not advance through the OCCs review process in its submitted form. The regulator assigned the second application a new control number and proposed charter number. Zerohash previously said the initial return occurred “in coordination with the OCC” and was “not a substantive decision on the merits.” Those statements represent









