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Connect scattered updates into a story you can understand.
OCC Jonathan Gould said that the final implementation rules for the GENIUS Act are expected to be released soon, no later than October the end of the year.
OCC A review of “debanking” at nine large national banks said that, from 2020 to 2025,September relevant policies may have restricted access to services for lawful industries, including digital assets.OCC said it would assess whether to adjust the regulatory framework for large banks.
Rain has applied to the Office of the Comptroller of the Currency for a national trust bank charter, planning to establish a trust bank in New York to provide institutional clients with digital asset and USD custody, stablecoin reserve management, and issuance and redemption services. The application remains subject to approval and public comment.
Stablecoin payments platform Modern Treasury has applied to the Office of the Comptroller of the Currency to establish a federally chartered limited-purpose national trust bank, with plans to provide digital asset custody and related fiat services. The application remains pending approval.
Agora Receives preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank; upon final approval, it will operate under the supervision of OCC.