Tag: OCC
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OCC Approves Trump-Linked World Liberty Bank for USD1 Stablecoin
OCC clears World Liberty Trust’s path toward federally supervised USD1 operations nationwide. USD1 issuance and custody will move from BitGo after final regulatory approval arrives.…
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Market NewsCrypto.com Wins Conditional Trust Charter From OCC
Crypto.com secured conditional approval for a national bank trust charter from the U.S. OCC. The OCC approval would allow Crypto.com to operate as a federally…
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Market NewsOCC Boosts Banks’ Crypto Service Expansion in 2025
In 2025, OCC lets banks sell cryptocurrency to clients. Banks can outsource crypto custody with risk management. Ruling builds on Interpretive Letters 1170 and 1183.…
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Market NewsOCC Opens Doors for US Banks in Crypto Revolution
Story Highlights The OCC now permits US banks to deal in cryptocurrency without prior clearance. The SEC has taken a more crypto-friendly approach, dismissing lawsuits.…
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How an Updated Payments Charter Could Aid Digital Assets
New acting comptroller of the Office of the Comptroller of the Currency (OCC) Brian Brooks announced that this coming fall season, banks can expect to…
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New OCC Report Labels Fintech As A Threat To US Banking
Leave it up to the financial experts and regulators to hinder innovation at every step of the way. Even though most people agree fintech is…
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Nobody Wants Another BitLicense Debacle!
There seems to be some blow-back from the New York BitLicense, which came into effect yesterday. The deadline for bitcoin companies in New York State…
