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Crypto Bank Charter Battle Grows as OCC Clears Coinbase, Ripple, Bitgo and Others
21.5.2026
National trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and other firms. Bitgo CEO Mike Belshe countered that fiduciary custody separates client property from lending risks....
Sen. Warren Accuses OCC of Granting Illegal Charters to Coinbase, Ripple, and 7 Others
19.5.2026
Sen. Elizabeth Warren sent a formal letter to OCC Comptroller Jonathan Gould on May 18, 2026, accusing the agency of illegally granting national trust charters to at least nine crypto companies and demanding full records by June 1. Warren Targets OCC Over Crypto Bank Charters That Allegedly Bypass...
OCC Gives Augustus Conditional Approval to Build AI-Native Clearing Bank in the US
11.5.2026
The Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up around stablecoin and artificial intelligence (AI) infrastructure. Augustus Clears First OCC Hurdle for AI Clearing Bank The...
ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability
11.5.2026
Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with...
Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody
9.5.2026
Payward, the parent company of Kraken, has filed an application with the Office of the Comptroller of the Currency for a national trust company charter aimed at expanding federally regulated custody services for digital assets. Kraken’s Parent Files OCC Trust Charter Application to Serve U.S....
Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules
7.5.2026
Circle urged the OCC to finalize clear, consistently applied GENIUS Act rules for payment stablecoin issuers. The company said the proposed framework should support reliable redemption and strong risk controls for regulated digital payment instruments. Circle Backs National Stablecoin Licensing...
OCC Stablecoin Yield Ban Could Hit Distribution Partners, Consensys Says
3.5.2026
Stablecoins could face disrupted distribution under proposed OCC rules that broaden yield restrictions beyond issuers. Consensys warned the framework may impact related third parties, DeFi access, and multi-brand issuance under the GENIUS Act. Key Takeaways: Stablecoins face disruption as OCC rules...
US Banking Group Slams Coinbase Conditional Trust Approval, Citing Risks in Crypto Banking Expansion
5.4.2026
Regulatory tensions rise as Coinbase’s banking ambitions draw sharp opposition, highlighting risks tied to oversight gaps and institutional integration within U.S. financial systems. Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose...
Coinbase Clarifies ‘We Are Not Becoming a Bank’ After Receiving Conditional OCC Nod That Hints at Bigger Moves
4.4.2026
Coinbase’s OCC trust charter approval cements a federally regulated path for crypto infrastructure, with CEO Brian Armstrong clarifying it is not becoming a bank as the firm advances institutional custody ambitions without entering traditional lending or deposit activities. Coinbase OCC Trust...
Coinbase Joins Ripple, Circle With Conditional OCC National Trust Charter Approval
2.4.2026
Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust company charter, the company announced Thursday. Coinbase Moves Closer to Federal Crypto Custody With OCC Approval According to a Bloomberg report, the OCC granted...
Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter With OCC
2.4.2026
EDX Markets Holding Company, Inc. applied to the Office of the Comptroller of the Currency (OCC) this week, seeking approval to organize EDX Trust, National Association as a de novo national trust bank in Chicago. EDX Markets Holding Company Files OCC Charter Application for Crypto Trust Bank...
Crypto-friendly fintech giant Revolut files for U.S. banking license
5.3.2026
The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH
ZeroHash applies for national trust bank charter to expand regulated stablecoin services
5.3.2026
A charter would allow ZeroHash to operate under a single federal framework, rather than state-by-state rules and offer services aligned with recent legislation
Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of Crypto
1.3.2026
The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan
Crypto.com wins initial approval for U.S. federally regulated crypto custodian bank
23.2.2026
The national trust charter institution would consolidate custody services under a single framework under federal oversight
Latin America’s biggest digital bank just won a key battle to offer crypto custody in U.S.
30.1.2026
The Brazilian digital bank announced it received conditional OCC approval to provide deposit accounts, credit cards, lending and digital asset custody in the United States
Revolut drops U.S. bank merger plan to seek standalone license: FT
23.1.2026
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches
Crypto exchanges brace for pressure as banks like JPMorgan enter spot trading
23.12.2025
The national banks regulator OCC released a statement signaling a shift in rules that will have significant crypto market consequences across the United States
Circle Applies for National Trust Bank Charter
30.6.2025
A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen
OCC: Banks Can Buy and Sell Their Customers' Crypto Assets Held in Custody
7.5.2025
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties