OCC approves Trump family crypto company for trust charter
Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval for...
Tag : charter
Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin
In brief The OCC granted preliminary conditional approval for World Liberty Trust Company, a Florida-based national trust bank tied to the Trump family’s World Liberty...
Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint
In brief Circle received a limited-purpose trust charter from the New York Department of Financial Services. The charter allows Circle to operate a New York...
Circle adds NYDFS trust charter after OCC bank approval
Circle has secured a New York trust charter to expand its state regulatory footprint. Summary Circle has received a New York trust charter from the...
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Circle said Friday that the New York...
Wise turns to GENIUS Act after OCC rejects U.S. bank charter
Wise plans to submit a new application for a U.S. national trust bank charter under the GENIUS Act after the Office of the Comptroller of...
Wise expected to resubmit US charter application under GENIUS
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year. Payments...
USDC issuer Circle wins final approval for US national trust bank charter
USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First...
Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone...
Comptroller says only Democrats pressuring over crypto trust charter
Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or give special...