Warren Presses OCC Over World Liberty Bank Charter Bid
Senator Elizabeth Warren questioned the OCC over disclosure and foreign ownership concerns tied to World Liberty’s reported bank charter application.
Senator Elizabeth Warren questioned the OCC over disclosure and foreign ownership concerns tied to World Liberty’s reported bank charter application.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
Payoneer has applied for a US national trust bank charter as fintech and crypto firms increasingly seek regulated pathways to offer stablecoin and custody services.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.