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Banks Just Got the Green Light: OCC Clears Crypto Trading Role
10 May 2025 06:50 GMT
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US Office Of The Comptroller of the Currency Issues Interim Final Rule On Bank Mergers
08 May 2025 18:43 GMT
The Office of the Comptroller of the Currency (OCC) today adopted an interim final … combinations involving national banks and federal savings associations. The OCC also rescinded … uncertainty for banks and supports a regulatory framework for bank mergers that …
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Capital One asks judge to toss Trump de-banking lawsuit
09 May 2025 20:14 GMT
… Capital One — regarding ‘de-banking’ generally,” the bank contends.
The contract governing … related legislation, and the Office of the Comptroller of the Currency and the Federal Deposit … the Federal Reserve and the OCC regarding its $35.3 billion …
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OCC reverses 2024 bank merger review rule
09 May 2025 20:17 GMT
The Office of the Comptroller of the Currency (OCC) has released an interim final … more deliberate consideration of bank mergers.
The OCC’s decision comes in … uncertainty for banks and supports a regulatory framework for bank mergers that …
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OCC’s Hood Emphasized AI Oversight and Inclusion in Financial Services
09 May 2025 20:19 GMT
… banking activities.
Encouraging traditional risk management practices for AI. Banks … to credit. The OCC supports the use of … through internal infrastructure. The OCC’s Office of Financial … including AI adoption and bank-fintech partnerships, and supports …
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State regulators urge OCC to rescind preemption rules
09 May 2025 18:46 GMT
… of State Bank Supervisors Thursday urged the Office of the Comptroller of the Currency to … that federal law overrides state banking regulations. Specifically, the Supreme … disadvantage.
"The OCC provides national banks with a competitive advantage …
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US Office Of The Comptroller Of The Currency Clarifies Bank Authority To Engage In Crypto-Asset Custody And Execution Services
07 May 2025 18:17 GMT
The Office of the Comptroller of the Currency (OCC) today clarified permissible bank activities related to … OCC published Interpretive Letter 1184 to confirm that national banks and … to outsource to third parties bank-permissible crypto-asset activities, …
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OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services
08 May 2025 21:43 GMT
The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and … is important as the OCC’s guidance enables banks to participate more … clarification from the OCC is significant as it gives banks the ability …
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OCC-regulated banks can now buy, sell and provide custody for crypto
08 May 2025 11:49 GMT
… risk management.
Additionally, OCC-regulated banks are allowed to … Corporation and the Office of the Comptroller of the Currency, followed suit by … interested in applying for banking licenses to expand … Not to mention, a bank charter would increase their …
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OCC Says Banks Can Handle Crypto for Customers—And Outsource It Too
08 May 2025 12:01 GMT
… custody following new OCC guidance.
The OCC also permits banks to outsource crypto … Office of the Comptroller of the Currency has given a nod to national U.S. banks … modern form" of traditional banking.
But that early openness was …