Gate News bot message, The Wall Street Journal reported that blockchain payment company Ripple has submitted a national bank charter application to the Office of the Comptroller of the Currency (OCC). Once approved, Ripple's stablecoin RLUSD will be subject to both state and federal regulation. The report mentioned that Ripple's subsidiary Standard Custody had previously...

Gate.io News bot, the Federal Reserve Board announced on April 24, 2025 that it would withdraw a number of regulatory guidelines for banks' crypto-assets and U.S. dollar token-related activities. This adjustment includes three aspects: First, the requirement for state member banks to provide advance notice before engaging in encryption asset activities in 2022 has been canceled and replaced with supervision through regular regulatory procedures; Second, the regulatory letter stating that banks must obtain a no-objection opinion to participate in USD Token activities in 2023 has been rescinded; Third, in conjunction with the Federal Deposit Insurance Corporation (FDIC), we are withdrawing from the two statements related to encryption assets jointly issued with the Office of the Comptroller of the Currency (OCC) in 2023. The Federal Reserve (FED) stated that it will collaborate with relevant institutions to consider formulating new guidelines based on actual conditions to support innovative activities in the banking system. Source: Wu Says

According to Gate News bot and CNBC, the well-known stablecoin issuer Circle is applying to establish a national trust bank in the United States. This move is an important strategic deployment after the company recently achieved an estimated valuation of approximately $18 billion through an IPO. If approved by the Office of the Comptroller of the Currency (OCC), Circle will be able to use its own reserves as...

According to the Gate.io News bot, Barron's reported that the U.S. Department of Homeland Security is investigating the crypto assets custodian bank Anchorage Digital. Anchorage Digital is the first crypto assets institution to receive a national trust bank charter issued by the Office of the Comptroller of the Currency (OCC). This investigation is being carried out by the Homeland Security Investigations (HSI), and the specific details of the investigation have not yet been disclosed.

According to Gate News bot, Coindoo reported that the Federal Reserve (FED) announced that it will no longer consider "reputational risk" as a factor in bank examinations. In a policy shift disclosed a few minutes ago, the Central Bank stated that it has begun reviewing mentions of reputational risk in its regulatory materials and will replace it with more measurable financial risk standards when appropriate.

gate News bot message, the Office of the Comptroller of the Currency (OCC) has recently issued a statement clarifying that national banks and federal savings associations may conduct buying and selling operations of encryption assets according to customer instructions, provided they meet third-party Risk Management requirements. At the same time, these Financial Institutions are permitted to outsource the custody and related services of encryption assets to third-party institutions, with the involved service scope including transaction execution, record keeping, valuation, and tax services. Source: Wu Says

PANews April 23 news, according to Crypto America, about 15 crypto assets and fintech companies are applying for bank licenses from the Office of the Comptroller of the Currency (OCC), with some companies seeking a more convenient way to obtain federal master accounts.

Odaily News The Office of the Comptroller of the Currency (OCC) issued a statement regarding its position on crypto assets and banks, stating: "The OCC has clarified that certain crypto-related activities are legally permitted." (Cointelegraph)

Golden Finance reported that Anchorage Digital CEO Nathan McCauley said that in January 2023, their partner bank stated that they would no longer work with them because they are engaged in Crypto Assets business. It is reported that Anchorage itself is a federally chartered bank and is regulated by the OCC.

The cryptocurrency industry is facing de-banking pressures that are expected to continue until 2026, during which Trump is likely to appoint a new member of The Federal Reserve Board of Governors. The founder of Custodia Bank pointed out that the Democrat-controlled Federal Reserve is scrutinizing pro-crypto banks, increasing regulatory pressure. While other institutions may change their policies, the Federal Reserve's stance may continue to face resistance, raising concerns about the outlook for the crypto industry.

According to the views of blockchain regulatory advisors, the pressure for the de-banking of crypto assets may continue until January 2026, with Trump appointing a new Federal Reserve Board of Governors member. Caitlin Long, founder of Custodia Bank, pointed out that the Federal Reserve is currently controlled by the Democratic Party, reviewing pro-crypto banks, and examiners have been deployed, which may pose regulatory resistance to the crypto industry.

The pressure for de-banking in the Crypto Assets industry is expected to continue until 2026, with Trump likely to appoint a new member to The Federal Reserve Board of Governors during this period. The founder of Custodia Bank pointed out that the Democratic-controlled Federal Reserve is reviewing pro-crypto banks, leading to increased regulatory pressure. Although other institutions may shift their policies, the Federal Reserve's stance may continue to face resistance, raising concerns about the prospects of the crypto industry.

Golden Finance reported that the Office of the Comptroller of the Currency (OCC) issued a new letter, announcing the withdrawal of Interpretive Letter 1179 issued on November 18, 2021, and reaffirming that the encryption asset custody, Distributed Ledger, and stablecoin activities discussed in the previous letter are allowed. OCC confirmed in a letter: "National banks and federal savings associations may engage in encryption asset custody, certain stablecoin activities, and participate in independent node verification networks." Acting Comptroller of the Currency, Rodney E. Hood, stated: "The OCC wants banks to apply the same robust risk management controls to support new banking activities as they do to traditional banking activities." The institution also stated that it has withdrawn the requirement for restrictive controls that the institution had in place before engaging in encryption activities.

Golden Finance reported that the U.S. Securities and Exchange Commission (SEC) has approved the listing of Options products for iShares BTC ETF on Nasdaq. The trading of this Derivatives still requires approval from the U.S. Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC).