Topic
occ
6 stories
Ripple wins full OCC approval for a national trust bank to hold its RLUSD reserves
The Office of the Comptroller of the Currency granted Ripple final approval for a national trust bank that will hold the reserves behind its $2.5 billion RLUSD stablecoin and offer institutional custody.
Zerohash launches address-free transfer tool as its trust-charter bid stays stuck
Zerohash launched AUTH at Money20/20, a service for moving crypto between linked exchange accounts and wallets without copying addresses, as its bid for a federal trust charter remains pending after an initial rejection.
Revolut wins conditional U.S. bank approval — the first hurdle, not the finish line
Revolut received conditional OCC approval to pursue a U.S. bank charter, an early procedural step that would let it offer loans, cards and stablecoins directly to American customers.
OCC Reported to Be Racing to Finish GENIUS Act Stablecoin Rules, With November in View
Decrypt reported Thursday that the OCC is pushing to finish its GENIUS Act stablecoin rulemaking, with November flagged as the target; the agency itself has confirmed no date.
OCC sent Zerohash's trust bank application back. The company didn't mention it until asked.
The OCC returned Zerohash's national trust bank application on July 17 as materially deficient, and the Morgan Stanley infrastructure provider says it will refile this month with a narrower scope.
Coinbase Says It Won Conditional OCC Approval for a National Trust Charter
Coinbase says it won conditional OCC approval to charter a national trust company for its crypto custody business, stressing it won't take deposits or become a bank.