October 20, 2026, Dailyhunt, Zerohash Launches AUTH Crypto Transfer Service Amid Pending US Bank Charter Application
Zerohash submitted its first national trust bank application in March. The Office of the Comptroller of the Currency returned that filing in July without deciding whether the company qualified for a charter. Zerohash called the move an administrative step and said it would seek approval for a narrower range of activities. The OCC now lists a new application received on August 19 as pending.
The National Community Reinvestment Coalition challenged the application in a September 28 letter to the OCC. The group asked regulators to examine management roles, unfilled senior positions and allegations in a former compliance officer’s lawsuit. Those allegations remain unproven claims, and the coalition requested further fact-finding rather than reporting a regulatory finding of misconduct.
Zerohash’s proposed trust bank would provide custody and other digital asset services under federal supervision if the OCC grants approval. The application does not change the company’s current permission to provide services under existing licenses. The OCC has not announced a decision on the revised request.
