Metal Pay [MTL] Applies for a Full National Bank Charter, Price Surges 100% - Koinalert
Metal Pay CEO Marshall Hayner, told CoinDesk, "Metal Pay will shortly file applications with the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Bank of San Francisco."
Metal Pay is the first to pursue "full" banking licensure. It wants to accept cash deposits alongside the crypto, and it wants those cash deposits to be insured by the FDIC, Hayner said.
