OCC head promises final GENIUS rules by November
The US banking regulator released a 376‑page proposal in February, calling for public comment on rules to implement the stablecoin bill ahead of its January...
Tag : OCC
OCC targets November for final GENIUS Act rules
The Office of the Comptroller of the Currency has set a November target for completing its GENIUS Act regulations after receiving industry feedback on its...
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...
World Liberty Financial gets OCC nod for USD1 bank
World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would oversee more than $4 billion in USD1 stablecoin circulation....
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...
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...
Sony Bank Clears OCC Hurdle for Dollar Stablecoin
In brief Japan’s Sony Bank has won conditional approval from the U.S. Office of the Comptroller of the Currency to set up a national trust...
Crypto advocacy group challenges Senator Warren's claims on OCC charters
Update (May 26 at 9:30 pm UTC): This article has been updated to include statements from The Digital Chamber. The Digital Chamber, a cryptocurrency advocacy...
Senator Warren questions OCC chief on approval of ‘ineligible’ crypto trust charters
Massachusetts Senator Elizabeth Warren accused Office of the Comptroller of the Currency’s (OCC’s) Jonathan Gould of violating banking laws by approving national trust charters for...
Augustus eyes AI banking launch after rare OCC approval
Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks cannot fully rebuild their systems for AI and programmable money. Summary Augustus received conditional OCC approval...