Circle Wins OCC Approval for National Trust Bank
Circle received final OCC approval to establish First National Digital Currency Bank, expanding federally regulated USDC custody services.
Circle received final OCC approval to establish First National Digital Currency Bank, expanding federally regulated USDC custody services.
Senator Elizabeth Warren accuses the OCC of illegally approving crypto trust bank charters for firms like Coinbase, Ripple, and Circle.
OCC granted conditional approval to Peter Thiel-backed Augustus for an AI-native stablecoin banking platform.
Kraken parent Payward seeks OCC trust charter to expand regulated U.S. crypto custody and banking infrastructure services.
OCC proposes GENIUS Act framework for stablecoin issuers, outlining oversight rules while excluding AML provisions for now.
US banks push back on OCC crypto licenses, citing risks to consumer protection, systemic stability, and regulatory oversight.
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