Ripple Announces Final OCC Approval for Trust Bank
Ripple said the U.S. OCC has given final approval to establish Ripple National Trust Bank. The publicly available OCC filing does not yet show a separate new decision.
Tag OCC
OCC Finalizes Stablecoin Rule Under the GENIUS Act
The U.S. regulator OCC issued a final rule for part of the payment stablecoin market. The rule and the GENIUS Act are set to take effect on January 18, 2027.
ICBA Sues OCC Over National Trust Charters for Crypto Firms
The community banking association ICBA has challenged in federal court the OCC’s authority to grant national trust charters to crypto firms and other nontraditional entities.
OCC Conditionally Approves Bastion’s Conversion to a National Trust Bank
On September 18, 2026, the OCC conditionally approved the conversion of Bastion Platforms Trust Company into a federal national trust bank. The company cannot yet begin operating under the new charter.
OCC Grants Preliminary Approval to Establish OpenReserve Bank
The U.S. OCC has allowed the OpenReserve Bank project to continue organizing a national bank. Before opening, however, it must meet several conditions, including final OCC approval and FDIC deposit insurance.