OCC

Highlights: Erebor Bank has won the approval of the OCC to offer safe crypto banking to its clients. OCC has opened the door for tech-focused banks under strict safety and compliance rules. Erebor aims to rebuild trust in tech finance […]

Highlights: Coinbase applies for a national trust charter with the OCC to boost innovation and compliance. The move is targeted towards bridging the economy and traditional finance. Coinbase stated that a charter approval will be a significant milestone in helping […]

Highlights: Senators raised conflict concerns over Trump’s crypto links and called for action from the top banking regulator. The USD1 stablecoin ties Trump’s wealth to crypto gains, raising ethical questions about public financial oversight. Lawmakers asked the OCC to explain […]

Highlights: US banking agencies have confirmed that banks must control released keys to offer digital asset custody services safely. The crypto custody rules require banks to assess risks and build strong systems before holding assets of customers. Banks can use […]

Highlights: Ripple filed for a federal charter to bring RLUSD under both state and federal stablecoin supervision. Circle also applied to the OCC as stablecoin firms prepare for new rules under the GENIUS Act. Ripple’s custody arm applied for a […]

Highlights: OCC has published a letter clarifying the execution of crypto services for US banking firms. The permitted crypto services include transaction settlements, crypto-to-fiat conversions, trade executions, etc. Banking institutions can also outsource the permitted services to third parties under […]

Highlights: OCC allows banks to offer crypto custody and stablecoin services without approval. OCC removes Biden-era crypto restrictions to boost innovation. Trump announced the end of Operation Chokepoint 2.0 and pledged to support crypto and position the US as a […]