Nomura’s Crypto Arm Laser Digital Eyes US Bank Charter: Report
Nomura-backed Laser Digital has filed for a US national trust bank charter with the OCC to bring its crypto business under federal...
Revolut drops U.S. bank merger plan to seek standalone license: FT
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing ba...
Trump-Linked World Liberty Trust Applies for Federal Charter to Issue USD1 Stabl...
TLDR World Liberty Trust Company applied for a national charter with the OCC to issue the USD1 stablecoin. The trust plans to mint...
Coinbase Slams ‘Political’ Banking Rule Used to Pressure Crypto Firms
Coinbase has told the OCC and FDIC that "reputational risk" has been used to limit lawful crypto banking, citing FOIA records and...
OCC Proposes Federal Preemption to Clarify Escrow Account Rules for Banks
TLDR: OCC codifies bank authority to manage escrow accounts and related fees. Federal preemption proposed over state interest-on-...
Crypto exchanges brace for pressure as banks like JPMorgan enter spot trading
The national banks regulator OCC released a statement signaling a shift in rules that will have significant crypto market conseque...
OCC Files Amicus Brief Defending Federal Rate Authority for State-Chartered Bank...
TLDR: The OCC amicus brief challenges a Tenth Circuit panel ruling affecting state bank rate authority. The agency says the decis...
OCC Conditionally Approves Five National Trust Bank Charters
TLDR: Two de novo national trust banks, including Ripple, receive conditional federal approval. Three state trust companies conver...
XRP Stalls Despite Ripple’s OCC Win – Here’s The Institutional Catch
The OCC has conditionally approved national trust bank charters for Ripple, Circle, Fidelity Digital Assets, Paxos, and BitGo, the...
OCC Targets “Weaponized Finance” in Preliminary Review of Major Banks’ Debanking...
TLDR: OCC found large banks applied restrictive policies that limited access for several lawful but sensitive industries. The age...