BLOCK applied to the OCC for a national trust bank charter to allow custody of Bitcoin and stablecoins.
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Updated oct 6
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How it started
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What happened
BLOCK applied to the OCC for a national trust bank charter to allow custody of Bitcoin and stablecoins.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.CCI has thrown its support behind the OCC's approval of crypto charters.1 source
- Block submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter.Sub-event
BLOCK seeks OCC charter to facilitate Bitcoin and stablecoin custody.1 source
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The entities involved
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BLOCK
company in Valašské Meziříčí, Czech Republic
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Office of the Comptroller of the Currency
American federal government organization
Related events
- National Trust Bank is seeking a national trust charter from the OCC, facing lawsuits over alleged lax crypto scrutiny.
- The Office of the Comptroller of the Currency is actively involved in the regulatory landscape of crypto firms, challenging and granting national trust bank charters for crypto activities.
- The National Community Reinvestment Coalition (NCRC) is analyzing the potential impacts of recent rule changes made by the Office of the Comptroller of the Currency (OCC).
- OCC reviewed policies for Citibank, Wells Fargo, Bank of America, and Capital One, while WePay closed a merchant account for Donald Trump.
- The OCC investigated the policies of multiple major banks, including Citibank, BMO, and JPMorgan Chase, following a Trump executive order.