#National Trust Charter

Highlights: Sony Bank OCC approval moves the lender closer to launching a U.S. dollar-backed stablecoin through Connectia Trust. Sony plans to use its future stablecoin for payments across games, anime, subscriptions, and other digital services. Connectia Trust cannot begin operations […]

Highlights: Nomura-backed Laser Digital has applied for a US national bank charter with the OCC. If approved, the license allows Laser Digital to operate under a unified regulation. Laser Digital will also be allowed to bring some of its products […]

Highlights: OCC says the World Liberty Trust Charter review will follow standard rules despite conflict concerns. The regulator rejected calls to pause the bank review tied to the Trump family ownership. Crypto firms are gaining clearer access to U.S. banking […]

Highlights: Elizabeth Warren asked regulators to pause the World Liberty Bank Charter review until Trump divests his family stake. Warren warned that stablecoin oversight could lose credibility if regulators supervise a president’s own business. Senate lawmakers have delayed crypto legislation […]

Highlights: PayPal has filed for a bank charter to enhance small business lending and banking services. The new bank will provide FDIC-insured deposits and savings accounts to customers. PayPal’s bank charter is part of a larger trend of fintech companies […]

Highlights: ICBA opposes Coinbase’s trust charter plan and warns that it could expose the banking system to new and untested risks. Coinbase defends its charter bid, saying it aims to connect crypto services with traditional finance safely. OCC review of […]

Highlights: Crypto.com applies for a U.S. bank charter to provide custody and staking across blockchains. A national trust bank charter provides federal control and eliminates state-by-state licensing. Crypto.com now competes with other crypto companies moving into the regulated banking space. […]

Highlights: Coinbase applies for a national trust charter with the OCC to boost innovation and compliance. The move is targeted towards bridging the economy and traditional finance. Coinbase stated that a charter approval will be a significant milestone in helping […]