Key Takeaways ICBA President Rebeca Romero Rainey warned Kraken’s OCC national trust charter application creates “interconnected risks” to financial stability. ABA CEO Rob Nichols urged bank CEOs on May 10, 2026, to contact senators before […]
Key Takeaways Senator Moreno criticized banks for intensifying opposition before a Senate stablecoin legislation session. Stablecoin supporters say the bill could expand competition and improve customer yields. Lawmakers are set to consider whether the CLARITY […]
Key Takeaways Payward, the parent company of Kraken, filed an OCC application to establish a national trust company for institutional digital asset custody. The proposed Payward National Trust Company would complement Kraken Financial, which holds […]
Key Takeaways: Blockchain Capital’s Spencer Bogart notes over 20 crypto firms now seek OCC charters to integrate with banks. Securing 1 federal OCC charter gives firms like Ripple credibility to attract serious institutional capital. Next, […]
Key Takeaways: U.S. banking group criticized OCC’s conditional approval of Coinbase, warning the move could expose U.S. consumers to risk. Coinbase Global’s trust plan targets institutional custody, deepening crypto ties to banking. ICBA urged rule […]
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