Topic Archive

#ICBA

2 Stories Found

Coins•Oct 6, 2026

Rain Applies for US Trust Bank Charter to Issue Stablecoins Under GENIUS Act

Key Highlights: Stablecoin infrastructure firm Rain has filed an application with the OCC to form Rain National Trust Bank, a New York-headquartered national trust bank. Led by proposed CEO Brandon Soto, the entity would hold institutional assets in fiduciary custody and support dollar-backed stablecoin issuance under the $GENIUS Act without offering retail loans or taking ...

5 min readRead

Coins•Oct 2, 2026

Banking Group Sues U.S. Regulator Over Crypto Trust Charters

Key Highlights The ICBA is challenging crypto companies’ pursuit of national trust charters as an entry point into U.S. banking and payments. ICBA President and CEO Rebeca Romero Rainey said the charter does not provide the same obligations as a traditional federal bank charter. The OCC has continued granting trust charters to crypto firms, which ...

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