Tag
#Office of the Comptroller of the Currency
GENIUS Act stablecoin rules miss deadline, 2027 clock looms
GENIUS Act stablecoin rules missed the 2026 deadline, leaving issuers and US regulators on a compressed path to the law's Jan. 18, 2027 backstop.
Circle OCC approval: trust bank opens without reserve control
Circle OCC approval gives the USDC issuer a national trust bank for custody, while direct reserve management remains a later step.
BitGo (BTGO) cuts 15% of staff, shifts to stablecoins
BitGo cuts 15% of staff as CEO Michael Belshe directs the crypto custodian toward stablecoins, settlement, trading and AI infrastructure.
Bank charters draw crypto firms, automakers under Trump
Bank charters are drawing crypto firms, fintech lenders and automakers as Trump eases oversight, widening the race for deposits and loans.
CAMELS overhaul resets how US bank exams score risk
CAMELS overhaul would recast US bank exam ratings around material financial risk, narrowing when management flaws alone can drag a score lower.
FDIC stablecoin AML, sanctions rule opens 60-day review
FDIC stablecoin AML rule would pull supervised issuers into bank-style sanctions and reporting controls, with comments due after 60 days.
Fed Opens Crypto Master Account to Public Comment After Trump Order
The Federal Reserve opened a 60-day comment period on a new payment account tier for crypto and fintech firms, acting within 48 hours of Trump's May 19 executive order. The proposal could give exchanges and stablecoin issuers direct access to the Fed's settlement rails for the first time.
Crypto bank charters: Warren challenges OCC's approvals
Crypto bank charters are under fire after Elizabeth Warren told the OCC at least nine approvals let firms seek bank status without bank rules.
Trump crypto rollback shifts oversight away from state regulators
State regulators have long handled crypto complaints and licensing. A federal shift could simplify compliance for large firms while thinning consumer-protection backstops.
