Regulatory · Crypto / Stablecoin · 2026

Dakota applies for national trust bank charter to issue stablecoins

Dakota issued National trust bank charter application affecting Office of the Comptroller of the Currency on August 3, 2026.

Primary
Dakota
Counterparty
Office of the Comptroller of the Currency
Structure
National trust bank charter application
Date
August 3, 2026
Sub-sector
Crypto / Stablecoin

Dakota seeks OCC-regulated trust bank charter to directly issue stablecoins ahead of GENIUS Act implementation in January 2027.

Primary company
Dakota
Amount
Not disclosed
Event date
August 3, 2026
Sub-sector
Crypto / Stablecoin
HQ
Not disclosed
Structure
National trust bank charter application
Source published
August 3, 2026
Publisher
American Banker

Source: americanbanker.com