regulation
ICBA sues OCC over crypto trust charters granted to Coinbase, Circle
The Independent Community Bankers of America filed suit in D.C. district court on Oct 2 to block an OCC rule letting crypto firms obtain national trust charters.
Stories tagged: #occ
regulation
Six federal agencies miss GENIUS Act July 18 rulemaking deadline; effective date defaults to Jan 18, 2027
One year after Trump signed GENIUS into law, the OCC, FDIC, NCUA, Treasury, FinCEN and OFAC have eight proposed stablecoin rules and zero finalized — pushing the effective date to Jan 18, 2027.
regulation
Sony Bank wins conditional OCC nod for Connectia Trust USD stablecoin bank
Sony Bank's Connectia Trust NA — a $40M NY trust chartered to issue a USD-pegged stablecoin — cleared OCC conditional approval on July 7. Operations targeted for 2027 after final sign-off.