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Galaxy Digital Files for OCC Charter to Launch National Trust Bank
Galaxy Digital Inc. (NASDAQ: GLXY), a leading financial services and investment management firm in the digital asset sector, has officially submitted an application to the U.S. Office of the Comptroller of the Currency …
US OCC Report: Nine Major Banks Restricted Digital Asset Services
The Office of the Comptroller of the Currency (OCC) has released a comprehensive "de-risking" review detailing how nine of the largest national banks in the United States restricted services for specific sectors, includ…
Agora Gains Preliminary OCC Approval for National Trust Bank Charter
The U.S. Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to Agora, a stablecoin infrastructure provider, to establish a federally chartered national trust bank. This regulato…
Bastion Secures OCC Approval for National Trust Bank License Conversion
Stablecoin infrastructure provider Bastion has reached a significant regulatory milestone by obtaining conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to transition its New York State …
OCC to Finalize GENIUS Act Rule-Making by November Following Feedback
The U.S. Office of the Comptroller of the Currency (OCC) is reportedly on track to finalize the rule-making process for the GENIUS Act by November 2026. This development, highlighted by crypto journalist Eleanor Terrett…
Circle Secures OCC Approval for Federal National Trust Bank Status
The prominent financial technology firm Circle (NYSE: CRCL) has achieved a significant regulatory milestone by receiving final approval from the Office of the Comptroller of the Currency (OCC) to establish a national tr…
Senator Elizabeth Warren Questions OCC Over Crypto Trust Licenses
United States Senator Elizabeth Warren has formally questioned the Office of the Comptroller of the Currency (OCC) regarding the issuance of national trust licenses to several cryptocurrency-related firms. In a letter a…