WEEK IN REVIEW Key Takeaways Key Takeaways. Trump said on July 6 he’s “a big crypto guy,” keeping BTC-in-Trump Accounts speculation alive. Sony Bank won OCC approval on July 7, pushing stablecoin trust competition deeper […]
Regulators have until July 18, 2026, to turn the GENIUS Act from a statute into access rules for stablecoin issuers that want a clear regulatory path into the US. That date is the Act’s one-year […]
July 9 (Crypto-News.Net) – Sony Bank stablecoin plans advanced after the Office of the Comptroller of the Currency approved Connectia Trust, National Association’s charter application for a U.S. national trust bank subsidiary. Key Takeaways OCC […]
July 10 (Crypto-News.Net) – Circle said Friday the Circle OCC approval lets it establish First National Digital Currency Bank, N.A., a national trust bank that will operate as Circle National Trust. Key Takeaways Circle says […]
Sony Bank received conditional OCC approval to establish Connectia Trust for its planned U.S. dollar-backed stablecoin. The proposed stablecoin will support digital payments across Sony’s gaming, subscriptions, anime, and broader content ecosystem. Sony Bank has […]
Key Takeaways Sony Bank secured conditional OCC approval for Connectia Trust on July 7, 2026. The new subsidiary carries $40 million in capital and targets 2027 for launch. Bastion Platforms will handle issuance and custody […]
Community bankers keep asking a simple question that somehow never gets a simple answer. If deposits are leaving, where are they going, and are stablecoins actually the main problem Washington should be focused on right […]
Key Takeaways Senator Warren’s scrutiny over OCC trust charters intensified as crypto custody regulation drew broader attention. Crypto custody protections remained central as Belshe said client assets stay segregated from lending activity. Belshe argued that […]
Key Takeaways Sen. Warren sent OCC Comptroller Gould a formal letter on May 18, 2026, targeting 9 crypto trust charters including Coinbase and Ripple. Warren argues the OCC violated the National Bank Act by approving […]
Key Takeaways The OCC conditionally approved Augustus Bank N.A. this week, making it the first AI-native stablecoin clearing bank to reach this stage in the U.S. Ferdinand Dabitz, 25, a Thiel Fellow, will become the […]
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