33 stories found
World Liberty Financial, a crypto company associated with the Trump family, has secured initial approval from the Office of the Comptroller of the Currency (OCC), the US banking regulator, to operate as a bank.
World Liberty has been granted conditional approval by the Office of the Comptroller of the Currency (OCC) to issue USD1 through National Trust Bank.
The Office of the Comptroller of the Currency (OCC) has officially terminated its consent order with Quontic Bank.
Stablecoin issuer Circle saw its shares surge by 14% in premarket trading after the U.S. Office of the Comptroller of the Currency (OCC) granted it approval to operate as a trust bank. This development intensifies competition within the stablecoin market.
Major banks in the US are reportedly facing further investigation into 'debanking' practices, with the Office of the Comptroller of the Currency (OCC) expected to release its findings soon.
The head of the US Office of the Comptroller of the Currency (OCC) described bank living wills as 'seriously flawed' and abstained from voting on them.
The parent company of cryptocurrency exchange Kraken is reportedly seeking a charter from the Office of the Comptroller of the Currency (OCC).
The Office of the Comptroller of the Currency (OCC) has given conditional approval for Mercury to establish Mercury Bank, N.A., marking a step forward for the financial institution.
Coinbase has received approval from the Office of the Comptroller of the Currency (OCC) to expand its institutional custody services, potentially managing a $376 billion empire. This regulatory nod marks a significant step for the cryptocurrency exchange.
Ripple's XRP cryptocurrency is nearing national bank status as a new Office of the Comptroller of the Currency (OCC) rule is set to take effect on April 1. This development could significantly impact XRP's regulatory standing and adoption.
Global financial technology company 'Revolut' announced on Thursday that it has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) for a U.S. banking license...
The Office of the Comptroller of the Currency (OCC) has returned Zerohash's application for a national trust bank charter.
A former regulator has voiced concerns regarding a 'brain drain' occurring within the Office of the Comptroller of the Currency (OCC).
Circle Internet, a global financial technology firm, has secured final approval from the Office of the Comptroller of the Currency (OCC).
Morgan Stanley has been granted conditional approval for a trust charter by the Office of the Comptroller of the Currency (OCC). This regulatory approval marks a significant development for the financial services firm.
Arrow Financial Corporation has received approval from the Office of the Comptroller of the Currency (OCC) for its proposed merger with Adirondack Bancorp.
Senator Elizabeth Warren is questioning the Office of the Comptroller of the Currency (OCC) regarding its decision to grant national trust charters to crypto companies.
Payward, the parent company of cryptocurrency exchange Kraken, has submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter.
Mercury has successfully obtained a conditional charter from the Office of the Comptroller of the Currency (OCC).
Coinbase has received a conditional national trust bank charter from the Office of the Comptroller of the Currency (OCC), marking a significant regulatory milestone for the cryptocurrency exchange.
VALT Bank has been granted a conditional charter by the Office of the Comptroller of the Currency (OCC), moving it closer to full operation.
The Office of the Comptroller of the Currency (OCC) is actively managing its workload related to charter applications.
World Liberty has successfully obtained a conditional charter from the Office of the Comptroller of the Currency (OCC). This regulatory approval marks a significant step for the company in its operational and expansion plans within the financial sector.
Wise Group shares declined significantly after the US Office of the Comptroller of the Currency (OCC) rejected its application for a US bank charter. The rejection was attributed to compliance 'deficiencies,' raising questions about the fintech company's future in the US banking sector.
Circle, a financial technology company, has successfully secured approval from the Office of the Comptroller of the Currency (OCC) to operate a national trust bank.
The proposed deal between Santander and Webster has officially received approval from the Office of the Comptroller of the Currency (OCC), moving the acquisition forward.
The Office of the Comptroller of the Currency (OCC) has identified deficiencies in anti-money laundering (AML) practices at a New York bank. This bank is known for its partnerships with various fintech companies.
Augustus has been granted conditional charter approval by the Office of the Comptroller of the Currency (OCC).
BlackRock has indicated that a potential cap by the Office of the Comptroller of the Currency (OCC) on tokenized reserves could pose a threat to the growth of its BUIDL fund and the broader tokenization market.
JPMorgan Chase has been released from an Office of the Comptroller of the Currency (OCC) order concerning trade surveillance.
Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, as confirmed by Bloomberg News, with the company clarifying it is not launching a full bank but bolstering its stablecoin business.
ZeroHash has applied for a national trust bank charter as the Office of the Comptroller of the Currency (OCC) crypto pipeline continues to grow, indicating increasing institutional interest in the crypto sector.
The Office of the Comptroller of the Currency (OCC) has granted conditional approval for a trust charter to Bridge, a subsidiary of financial technology company Stripe.