Bank Policy Institute Eyes Lawsuit Over OCC’s Crypto Charter Move
TL;DR BPI is weighing a lawsuit against the OCC after the regulator made national trust charters easier for crypto, payments, and fintech firms to obtain. Banks
OCC (Latest Publications)
OCC Unveils 376-Page GENIUS Act Stablecoin Blueprint
The Office of the Comptroller of the Currency (OCC) has released a 376-page draft framework for implementing the GENIUS Act for dollar-backed stablecoins, after Coin Bureau
OCC Moves to End Stablecoin Yield Fight, Unveils GENIUS Act Framework for Public Review
TL;DR OCC issued a 376-page GENIUS Act proposal with a 60-day comment window, banning OCC-supervised payment-stablecoin issuers from paying yield for simply holding tokens. Rule adds
Payoneer Files With OCC to Pursue Bank Charter, Preps Launch of New Stablecoin
TL;DR Payoneer filed with the OCC to create PAYO Digital Bank, enabling stablecoin receive/send, PAYO-USD issuance, and digital-asset custody. The national trust bank charter would place
OCC Grants Crypto.com Conditional Approval for National Trust Bank Charter
Crypto.com received conditional approval from the Office of the Comptroller of the Currency to establish the Foris Dax National Trust Bank, which would operate under the name
Crypto.com Wins U.S. Trust Bank Approval: What Does This Mean?
TL;DR Crypto.com received conditional OCC approval to charter Foris Dax National Trust Bank, positioning custody, staking, and trade settlement under federal oversight. The move joins approvals
Stripe-Owned Bridge Secures Conditional OCC Nod for National Bank Charter
TLDR: The Bridge platform received conditional approval from the OCC to become a national trust bank with a federal charter. This license will allow the entity
Bankers Urge OCC to Delay Crypto Trust Charters Until GENIUS Rules Become Clear
TL;DR ABA urged the OCC, in a comment letter, to slow crypto and stablecoin trust charter approvals until GENIUS Act rulemakings define obligations. The group flagged
Warren Urges OCC to Pause WLF Stablecoin Bank Charter
Sen. Elizabeth Warren wrote to OCC Comptroller Jonathan Gould urging the agency to delay review of World Liberty Financial’s Jan. 7 application to operate a national
Ripple Makes History: OCC Greenlights Groundbreaking Crypto Bank
The Office of the Comptroller of the Currency (OCC) granted conditional approval to Ripple to establish the Ripple National Trust Bank, obtaining a federal license to
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