Browsing: OCC

Crypto custody is becoming an essential focus within the evolving landscape of digital assets, as regulators and banking institutions grapple with its implications for innovation and stability.Recently, the Office of the Comptroller of the Currency (OCC) has emphasized that restricting national trust banks from engaging in crypto custody presents a “recipe for irrelevance.” This statement comes amidst a surge in interest regarding banking regulation and the role of stablecoins in the financial ecosystem.

The Office of the Comptroller of the Currency (OCC) has granted banks permission to use cryptocurrency to cover network fees. This decision marks a notable shift in regulatory approach towards digital currencies in the banking… (via Bpaynews real-time desk)

The U.S. Office of the Comptroller of the Currency (OCC) has provided guidance on how banks can manage network gas fees associated with digital transactions. This clarification aims to ensure that financial institutions can effectively…

In an interesting convergence of traditional banking and the new digital assets frontier, several community banks, under the aegis of the Independent Community Bankers of America (ICBA), have approached the Office of the Comptroller of… (via Bpaynews real-time desk)

Crypto.com has submitted an application for a national trust bank charter from the Office of the Comptroller of the Currency…

Crypto Bank Erebor has been granted a conditional federal bank charter by the Office of the Comptroller of the Currency…

Stripe’s stablecoin company, Bridge, has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for…

In a significant move for the cryptocurrency industry, Coinbase, one of the largest and most recognized cryptocurrency exchanges in the…