Office of the Comptroller of the Currency
11 stories
Bank groups take OCC to court over crypto trust charter rule
The Independent Community Bankers of America is suing to overturn the OCC's trust bank rule, aiming to block the legal path that lets crypto firms get federal trust charters for stablecoin and custody work.
Crypto Trust Banks Face New Federal Rules and Hidden Dependencies
Federal trust-bank charters are reshaping crypto custody in the US but leave firms exposed to regulatory shifts and reliance on third-party banks for cash management
US Exchanges Face New Scrutiny Over Foreign Stablecoin Listings
Proposed Treasury rules under the GENIUS Act would require US crypto platforms to audit foreign stablecoin issuers or risk delisting, shifting compliance responsibility to exchanges and raising new hurdles for non-US stablecoins
Trump-Backed USD1 Stablecoin Faces Scrutiny Over Hidden Admin Controls
Justin Sun alleges World Liberty Financial's USD1 stablecoin allows privileged operators to move funds from frozen wallets, raising concerns about undisclosed contract powers and transparency gaps as the project seeks U.S. trust bank approval
US Treasury Seeks Public Input on GENIUS Act Stablecoin Rules
The Treasury Department has opened a 60-day comment period on proposed rules for the GENIUS Act, aiming to clarify stablecoin issuance and compliance requirements before the law takes effect in January 2027
OCC Grants Conditional Charter to Trump-Linked USD1 Stablecoin Bank
World Liberty Financial has received conditional approval from the OCC to establish a national trust bank for issuing and managing the USD1 stablecoin, shifting control from BitGo and introducing new regulatory and capital requirements
OCC Approves Trump-Linked DeFi Bank as $112M WLFI Debt Nears Liquidation
World Liberty Financial, tied to Donald Trump, has received OCC approval to form a national trust bank for its USD1 stablecoin, even as a $112 million DeFi loan backed by WLFI tokens faces mounting liquidation risk on Dolomite.
OCC-Chartered Crypto Banks Face New Federal Oversight and Rules
Crypto banks with OCC charters must meet strict capital, liquidity, governance, and compliance standards. Ongoing federal supervision shapes how these institutions handle custody, AML, and digital asset activities in the U.S.
Crypto Firms Target National Bank Charters Amid Regulatory Shifts
Digital asset companies are pursuing national bank charters to streamline U.S. operations, reduce state licensing complexity, and access federal oversight-but the move brings new capital, compliance, and activity restrictions under OCC supervision
Blockchain Association Urges Supreme Court Review of Custodia Fed Case
The Blockchain Association is pressing the Supreme Court to review Custodia Bank's denied Fed master account, warning the current legal stance could let federal regulators block crypto banks from the U.S. payments system.
How Crypto Firms Can Secure an OCC National Trust Bank Charter
Crypto companies seeking an OCC national trust bank charter face rigorous federal requirements, including detailed business plans, capital standards, and ongoing supervision. The process reshapes regulatory obligations but does not eliminate them for digital asset firms