OCC Moves Quickly to Complete GENIUS Act Stablecoin Framework After Missing July Target
TL;DR The OCC aims to finalize GENIUS Act rules by November, after missing its July target, with a legal deadline of January 18. The 376-page proposal
OCC (Latest Publications)
Circle Wins OCC Approval to Launch First National Digital Currency Bank, Now Named Circle National Trust
TL;DR: Circle secured final OCC approval to launch First National Digital Currency Bank, N.A., operating as Circle National Trust under federal oversight. The charter allows fiduciary
Senator Warren Accuses OCC of Approving Unqualified Crypto Banks in New Letter to Regulator
TL;DR Senator Elizabeth Warren challenged the OCC’s approval process for several crypto-focused trust banks linked to custody and stablecoin services. Warren argued that these firms are
Augustus Wins Conditional OCC Green Light for AI‑Driven Stablecoin Bank
Augustus, the payments startup backed by Peter Thiel, received conditional approval from the Office of the Comptroller of the Currency (OCC) of the United States to establish a national bank
Circle Urges Global Stablecoin Standards in OCC Comments
TL;DR Circle submitted formal comments to the Office of the Comptroller of the Currency supporting a unified regulatory framework for stablecoins under the GENIUS Act. The
Coinbase Secures Conditional U.S. Approval for Trust Charter
TL;DR: The Office of the Comptroller of the Currency (OCC) granted approval for Coinbase to establish a national trust company, enabling centralized federal oversight. The exchange
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 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
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