OCC conditionally approves national trust charters for five crypto firms
Office of the Comptroller of the Currency issued conditional charter approval affecting Ripple, Fidelity, Paxos, First National Digital Currency Bank, BitGo on December 12, 2025.
- Primary
- Office of the Comptroller of the Currency
- Counterparty
- Ripple, Fidelity, Paxos, First National Digital Currency Bank, BitGo
- Structure
- conditional charter approval
- Date
- December 12, 2025
- Sub-sector
- Crypto / Digital Assets
OCC grants national trust charters to crypto firms, enabling federal preemption of state money transmitter laws while avoiding FDIC coverage and traditional capital standards.
Source: finance.yahoo.com