A leading cryptocurrency advocacy group is challenging recent claims by Senator Elizabeth Warren that the Office of the Comptroller of the Currency may have violated federal banking law by approving national trust charters for multiple digital asset firms. The Digital Chamber, in a letter sent Tuesday to OCC Acting Comptroller Jonathan Gould, urged the regulator […]
Senator Elizabeth Warren has accused the acting Comptroller of the Currency, Jonathan Gould, of violating federal banking law by approving national trust charters for at least nine cryptocurrency companies. In a letter sent Monday, the Massachusetts Democrat argued that the Office of the Comptroller of the Currency (OCC) exceeded its legal authority by granting charters […]
Payward, the parent company of cryptocurrency exchange Kraken, has formally applied for a national trust company charter with the US Office of the Comptroller of the Currency (OCC), marking the latest effort by a digital asset firm to move closer to traditional banking infrastructure. What the OCC application means for Kraken and its users In […]
WASHINGTON, D.C. — March 10, 2026: The Bank Policy Institute (BPI), representing America’s largest financial institutions, is actively considering legal action against the Office of the Comptroller of the Currency (OCC) over its controversial approval of crypto bank charters. This potential lawsuit represents the most significant regulatory clash between traditional banking and digital asset firms […]
WASHINGTON, D.C. — March 10, 2026. The Bank Policy Institute (BPI), representing America’s largest financial institutions, is actively considering legal action against the Office of the Comptroller of the Currency (OCC) over its controversial approval of national trust bank charters for cryptocurrency firms. This potential lawsuit represents the most significant regulatory confrontation between traditional banking […]
WASHINGTON, D.C. — March 10, 2026: The Bank Policy Institute (BPI), representing America’s largest financial institutions, is actively considering legal action against the Office of the Comptroller of the Currency (OCC) over its controversial approval of national trust bank charters for cryptocurrency firms. This potential lawsuit represents the most significant regulatory clash to date between […]
WASHINGTON, D.C. — March 10, 2026. A powerful coalition of the United States’ largest financial institutions is actively preparing a potential lawsuit against a key federal banking regulator. The Bank Policy Institute (BPI), whose members include JPMorgan Chase, Goldman Sachs, and American Express, is considering legal action against the Office of the Comptroller of the […]
WASHINGTON, D.C. — In a central move for cryptocurrency integration, the Office of the Comptroller of the Currency (OCC) confirmed on March 15, 2026, that national trust banks may now conduct a broader range of non-fiduciary activities. This regulatory expansion directly advances Ripple’s U.S. banking access strategy, potentially bridging a longstanding gap between digital asset […]
Washington D.C., March 2025: In a significant development for cryptocurrency regulation, Crypto.com has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency. This decisive decision marks a essential step toward establishing Crypto.com as a federally regulated custodian for digital assets. The move follows a rigorous application […]
Washington, D.C., March 2025: In a significant development for the digital asset industry, the cryptocurrency exchange and financial services platform Crypto.com has secured conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter a National Trust Bank. This important regulatory milestone represents a key step for the company toward offering […]
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