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U.S. Senate scrutiny targets OCC approval of crypto trust charters
As reported by the U.S. Senate Banking Committee, Warren said in a Monday letter that Gould had approved at least nine national trust charters for crypto companies whose planned activities appear to extend beyond the narrow powers allowed under the National Bank Act. She asked Gould to provide the full applications of crypto companies that the OCC has approved or conditionally approved since December 2025, including Coinbase, Crypto.com parent company, Ripple, Stripe, BitGo, Circle, Fidelity Digital Assets, Protego Holdings and Paxos. Warren also requested communications between the OCC and President Donald Trump, ... (full story)
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