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2026-08-12 03:01:19 UTC

BitcoinNews on Nostr: OCC: AMERICA IS ‘OPEN FOR BUSINESS’ FOR DIGITAL ASSET BANKS The OCC says ...

OCC: AMERICA IS ‘OPEN FOR BUSINESS’ FOR DIGITAL ASSET BANKS

The OCC says companies engaged in legally permissible activities, including digital assets and novel technologies, should have a path to becoming national banks.

Comptroller Jonathan Gould says regulators had effectively discouraged new bank applications for more than a decade, but that era is over.

The OCC has received 40 de novo applications in the past 18 months and says many complete applications have been decided within 120 days.