Global #OCC

Crypto.com has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter.

The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval to Erebor Bank, a new national bank backed by tech heavyweights including Peter Thiel, Palmer Luckey, and Joe Lonsdale.

According to unconfirmed reports, the cryptocurrency firm Paxos is seeking a U.S. trust bank license. This move could significantly broaden its operations and influence in the stablecoin market, though the company has not yet made an official announcement or filing.

Ripple has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for a federal charter to establish a limited-purpose national trust bank.

A coalition of prominent U.S. banking groups is intensifying pressure on the Office of the Comptroller of the Currency (OCC), urging the federal regulator to delay decisions on granting national banking charters to cryptocurrency firms, specifically naming Ripple and Circle.

Circle Internet Group, the issuer behind the prominent dollar-pegged stablecoin USDC, has formally applied to the Office of the Comptroller of the Currency (OCC) to establish a new entity: First National Digital Currency Bank.