The OCC’s conditional approval is not a final green light ... The OCC’s decision to grant conditional trust bank charters is a definitive milestone ... The OCC charter and the SEC lawsuit are separate regulatory matters.
The OCC’s confirmation centers on a specific and crucial activity ... The OCC’s letter provides a sanctioned framework, allowing banks to offer crypto services to customers with clearer guardrails.
Office of the Comptroller of the Currency... While the OCC handles charters, all eyes are on the Federal Reserve, specifically whether these new trust banks can get access to the Fed’s payment systems.