BLOCK applied to the OCC for a national trust bank charter to allow custody of Bitcoin and stablecoins.
3 reports, 2 independent
Updated Sep 9
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
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.- 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
Keep exploring
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
- The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.
- The Federal Reserve is joining forces with the National Credit Union Administration and the Office of the Comptroller of the Currency to push stablecoin identification standards.
Related events
- 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.
- Ripple is seeking conditional federal charter approval from the Office of the Comptroller of the Currency.
- The OCC and FDIC are testing reusable identity verification across US banks in coordination with the Treasury Department.
- The OCC supervises BitGo's custody functions, and Donald Trump appoints Jonathan Gould to a role within the OCC.
- 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).