Tag: OCC

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Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

Coinbase got conditional approval from the OCC for its trust, a step toward federal oversight for its offerings to replace the current state by...

Coinbase Receives OCC Nod To Form National Trust Company

Coinbase has received conditional approval from the Office of the Comptroller of the Currency to establish Coinbase National Trust Company, according to...

Coinbase (COIN) wins initial OCC nod for trust charter, boosting custody push

Coinbase (COIN) said Thursday it had received initial approval for a national trust company charter from the U.S. Office of the Comptroller of the...

EDX Markets Applies for OCC Trust Bank to Expand Crypto Services

EDX Markets, an institutional crypto exchange, has applied to the US Office of the Comptroller of the Currency (OCC) to establish a national trust...

US Bank Lobby Considers Suing OCC Over Crypto Firms’ Banking Charters: Report

The Bank Policy Institute is reportedly weighing filing a lawsuit against the OCC over it granting more bank trust charters to crypto firms. A...

The Fed, OCC, FDIC Clarify Capital Treatment of Tokenized Securities

The U.S. federal banking agencies have issued new guidance clarifying that tokenized securities should receive the same capital treatment as traditional securities.The federal banking...

ZeroHash Applies for National Trust Bank Charter as OCC Crypto Pipeline Grows

In brief ZeroHash seeks an OCC national trust bank charter for digital asset custody, stablecoin management, and settlement services. The OCC's crypto licensing pipeline has grown...

Stablecoin yield rewards (likely won’t be) banned under OCC proposal: State of Crypto

The Office of the Comptroller of the Currency published its proposed rulemaking to regulate stablecoins under the GENIUS Act, sparking questions about whether it...

Morgan Stanley Seeks OCC Trust Charter for Crypto Custody Arm

Morgan Stanley has applied for a national trust bank charter from the Office of the Comptroller of the Currency (OCC), seeking to launch a...

OCC Stablecoin Proposal Targets Yield, Sets Stage for CLARITY Act

The US Office of the Comptroller of the Currency (OCC) has dropped a 376‑page proposal to implement the Guiding and Establishing National Innovation for...

OCC Lays Out Framework for Regulated Stablecoins Under GENIUS Act

In brief The OCC opened a 60-day comment period on draft rules implementing the GENIUS Act. The proposal prohibits anyone other than a “permitted payment stablecoin...