Agora has secured preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish Agora National Trust Bank, bringing the stablecoin company a step closer to operating its issuance, custody and transaction infrastructure under federal supervision.…
The proposed bank could custody and manage fiat, securities and digital assets, but Catena must meet capital, liquidity and preopening requirements before it can operate.
The Defiant•The Defiant Team21 SeptAgora's OCC approval highlights growing regulatory acceptance of stablecoin firms, potentially reshaping digital finance compliance standards.
CryptoBriefing•Editorial Team21 Sept
Read the latest update on Bastion Wins Conditional OCC Approval For National Trust Bank Charter.
NewsBTC•NewsBTC Editorial Team20 Sept
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.
Cointelegraph•Cointelegraph by Michael Millard19 Sept
Bastion's federal charter approval signifies a regulatory shift, streamlining operations for digital asset firms and enhancing stablecoin infrastructure.
CryptoBriefing•Editorial Team19 Sept
Washington’s stablecoin debate is about characteristics: who can issue one, what has to back it, and how it gets audited. The Federal Reserve, the US central bank, and the OCC, the regulator that supervises the country’s national banks, cannot simply accept that a token is worth one dollar; they have to control who is allowed
BeInCrypto•Julián Colombo17 Sept
Proposed OCC redemption extensions leave buyers and conversion providers to finance an earlier exit when they pay before recovering dollars.
CryptoSlate•Liam 'Akiba' Wright15 Sept
Nu has entered the U.S. with accounts, cards and remittances while launching a stablecoin-based global account across 35 countries.
World Liberty Financial receives conditional OCC approval for a national trust bank tied to USD1, but cannot start operations until final authorization.
99Bitcoins•Alex Ioannou10 Sept
Builders Bank would operate under direct federal supervision without taking deposits or making loans, but the application still requires OCC approval.
The Defiant•The Defiant Team9 Sept
Block has applied to establish an uninsured U.S. national trust bank that would place some of its Bitcoin, stablecoin and digital asset custody operations under direct federal supervision. Block said on Tuesday that it submitted an application to the Office…
Block's move to establish a national trust bank could significantly enhance regulatory clarity and trust in digital asset custody services.
CryptoBriefing•Vivian Nguyen9 Sept
Jack Dorsey-founded company Block, Inc., is taking its turn in seeking to become a federally regulated national bank.
The Block•Sarah Wynn8 Sept
But is Revolut’s U.S. bank approval a new win for the crypto industry?
AMBCrypto•Ishika Kumari5 Sept
Revolut has secured conditional OCC approval for a U.S. national bank charter, clearing a major regulatory hurdle in just six months. If final approvals arrive, the fintech plans to launch Revolut Bank US in 2027 with deposits, lending, cards, crypto, and eventually stablecoins. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved […]
Bitcoin.com News•Emmanuel Musa4 Sept
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoin-related services.
Cointelegraph•Cointelegraph by Helen Partz4 Sept
OpenReserve Holdings received preliminary OCC approval for a national bank focused on onchain settlement, following a $25 million seed round.
The Block•Brian Danga4 Sept
OpenReserve received preliminary OCC approval for an insured national bank but must raise $210 million and meet preopening requirements.
The fintech says it still needs FDIC, Federal Reserve and final OCC clearances before a planned 2027 launch offering insured deposits, credit and crypto access.
The Defiant•The Defiant Team3 Sept