8 stories about Occ from across the crypto press, curated and summarized daily. Most recent: Oct 3, 2026.
The Independent Community Bankers of America (ICBA) has sued the Office of the Comptroller of the Currency (OCC), claiming the regulator exceeded its legal authority by approving crypto trust charters. This legal battle could impact how crypto firms operate within the U.S. banking system.
Bastion Platforms National Trust Company has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This allows them to offer stablecoin custody, wallets, and payment infrastructure under federal regulation. The approval is a significant step in integrating crypto services with traditional banking.
Revolut has received conditional approval from the Office of the Comptroller of the Currency (OCC) to operate as a US bank. This preliminary approval is a significant step in Revolut's plan to expand its services in the US market, though the process is not yet final.
OpenReserve, a startup backed by venture capital firm a16z, has received approval for a full-service national bank charter. This allows the company to offer insured deposits and conventional lending alongside stablecoin issuance, setting it apart from other crypto firms that have opted for trust-bank charters.
The Office of the Comptroller of the Currency (OCC) is rushing to finalize stablecoin regulations by November, following the GENIUS Act signed by President Trump. These rules will impact how banks and fintech companies handle stablecoin transactions, ensuring compliance with new federal standards.
Circle won final OCC approval to establish a national trust bank, allowing it to place USDC reserves under federal oversight and expanding its regulated digital asset custody business.
Circle, the issuer of USDC, has been granted final approval for a national trust bank charter by the OCC. This charter will initially serve Circle and its affiliates, with potential future expansion into institutional custody services.
Kraken's parent company, Payward, is applying for a national trust bank charter. This could make it easier for Kraken to offer banking services in the U.S. and improve trust in crypto.