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The OCC established a new Office of Financial Technology in early 2023 to enhance supervisory expertise on digital assets, fintech partnerships, and emerging business models affecting OCC-supervised b...

The FDIC and OCC adopted a joint final rule prohibiting the agencies from taking adverse action against financial institutions based on reputation risk, including risk stemming from customers' politic...

...o grant special purpose national bank charters to fintech companies, enabling them to operate nationwide. The decision faced immediate legal challenges from state banking regulators who argued the OCC...

The OCC appointed Stephen Lybarger as Senior Deputy Comptroller for Chartering on September 9, 2025. He will oversee national bank and stablecoin issuer charter applications. The appointment signals t...

The Office of the Comptroller of the Currency actively reviewed its licensing and chartering process in 2021 with a focus on fintech companies. The OCC recognized that chartering fintechs could preven...

The OCC issued an interim final rule effective May 15, 2025, restoring expedited merger reviews and streamlined procedures for bank transactions. The rule reduces scrutiny on novel activities, directl...

The Office of the Comptroller of the Currency outlined how it would evaluate fintech companies applying for a special purpose national bank charter. This signaled the agency's openness to considering ...

The OCC granted conditional approval on October 15, 2025, for a de novo national bank charter to Erebor Bank, National Association, headquartered in Columbus, Ohio. The application was submitted by di...

Fintech lender Oportun filed an application with the OCC for a national bank charter (application #2020-WE-CHARTER317993), with public comments dated December 22, 2020. The application reflects the co...

A U.S. District Court in the Southern District of New York ruled that the OCC lacks authority under the National Bank Act to issue special purpose national bank charters to non-depository fintech comp...

The OCC granted Coinbase conditional approval for a national trust bank charter on April 2, 2026. The entity, Coinbase National Trust Company, will operate as a federally regulated digital asset custo...

The OCC issued a consent order targeting BSA/AML compliance deficiencies at Anchorage Digital Bank, the first federally chartered digital asset bank. The action came just 15 months after the OCC grant...

The OCC conditionally approved Anchorage Trust Company's charter conversion to become Anchorage Digital Bank, National Association, making it the first federally chartered digital asset bank. The appr...

The OCC issued a Cease and Desist Order against Blue Ridge Bank, N.A. for BSA/AML violations, capital deficiencies, and unsafe practices related to its fintech partnerships. The order superseded a pri...

The National Community Reinvestment Coalition submitted comments opposing Monzo's OCC bank charter application, citing inadequate CRA plans and fair lending commitments. Monzo had applied in April 202...

The Office of the Comptroller of the Currency announced it would begin accepting applications for special purpose national bank charters from nondepository fintech companies. The policy covers fintech...

The OCC finalized a rule on February 27, 2026, clarifying permissible non-fiduciary activities for national trust banks, including digital asset custody. The rule does not impose moratoriums and suppo...

The OCC finalized its true lender rule establishing that a national bank is the true lender when it is named as lender in the loan agreement or funds the loan. The rule clarifies the legal framework f...

The OCC granted conditional approval to Protego Trust Company to convert to a federally-chartered trust bank. Protego, a Seattle-based crypto custody and trading provider, became the second crypto fir...

On January 4, 2021, the OCC issued Interpretive Letter 1174 confirming that national banks and federal savings associations may use stablecoins and participate as nodes on blockchain networks for paym...

The Office of the Comptroller of the Currency granted SoFi preliminary conditional approval for a national bank charter on October 28, 2020. SoFi had applied in July 2020 and still required additional...

The OCC issued Conditional Approval 1281 for Summit National Bank (Hulett, Wyoming) to establish a FinTech Division offering traditional banking products to fintech-sourced customers. The approval was...