OCC Clears Circle, Ripple and Others to Launch Crypto National Banks
The OCC has conditionally approved five crypto firms, including Circle and Ripple, to launch national trust banks, paving the way for mainstream adoption of cryptocurrencies.
national trust banks
OCC Approves Five Crypto Trust Banks as ‘Debanking’ Claims Face Scrutiny
The OCC has conditionally approved five digital asset-oriented companies for national trust bank charters, challenging claims that crypto cannot comply with regulatory standards and complicating the crypto sector’s narrative of being debanked.
Five Crypto Firms Win Conditional Approvals as National Trust Banks, Including Fidelity and BitGo
The OCC has conditionally approved five crypto firms to operate as national trust banks, marking a significant step towards integrating digital assets into the US federal banking system.