Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave …
OCC
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Adoption
OCC Signals Open Door For National Bank Charters For Digital Asset Firms
by shayaanby shayaanA quiet regulatory signal from the Office of the Comptroller of the Currency could reset the clock for crypto banking in the …
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The Office of the Comptroller of the Currency denied Wise’s application for a US national trust bank charter, the payments company said …
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Markets
Circle Secures OCC Approval for National Trust Bank to Custody USDC and Digital Assets
by shayaanby shayaanA leading stablecoin issuer has secured federal approval to launch a dedicated trust bank for digital asset custody services. Circle Internet Group …
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Markets
OCC chief says Democrats applying sole political pressure in World Liberty charter choice
by shayaanby shayaanThe regulator rejected claims he’s doing President Trump’s bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push. www.coindesk.com
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Finance
Nomura breaks into US crypto banking as Laser Digital secures OCC conditional approval
by shayaanby shayaanLaser Digital, the subsidiary of Nomura Investment Bank, a large Japanese institution, has been given conditional approval for a trust bank charter …
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Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a …
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In brief Payward, which operates crypto exchange Kraken, filed for a national trust company charter with the Office of the Comptroller of …
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Markets
Kraken parent goes for the OCC charter in bid to become a federal crypto bank
by shayaanby shayaanPayward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account. www.coindesk.com
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Circle urged the OCC to finalize clear, consistently applied $GENIUS Act rules for payment stablecoin issuers. The company said the proposed framework …