The Office of the Comptroller of the Currency (OCC) said on Aug. 11 that digital asset companies conducting legally permissible activities should have a route into the U.S. national banking system, as Comptroller Jonathan V. Gould renewed the agency’s push to revive new bank formation.
Summary
- OCC received 40 de novo applications during 18 months, including applications for national trust banks.
- Digital asset firms conducting legally permissible activities should have bank pathways, Comptroller Jonathan Gould said.
- OCC currently lists 13 pending digital asset licensing applications, including Payward, Revolut and World Liberty.
- FDIC’s new two phase review targets…
