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#OCC conditional approval

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Bastion Secures Conditional OCC Approval for National Trust Bank Charter
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Bastion Secures Conditional OCC Approval for National Trust Bank Charter

Key Highlights Bastion has received conditional approval from the Office of the Comptroller of the Currency to form Bastion National Trust Bank, a non-depository national trust bank focused on digital asset custody and payment-clearing services. The approval, documented in OCC Corporate Decision 1391 dated September 18, provides a federal regulatory framework for institutional-grade digital asset ...

Nu Launches U.S. Banking and USDC Global Account
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Nu Launches U.S. Banking and USDC Global Account

Nu Launches U.S. Banking and Global Stablecoin Products as Latin American Leader Expands North Latin America’s largest digital bank, Nu, officially entered the United States on September 10 with two distinct product lines: a domestic banking suite backed by Lead Bank and a separate global offering, Nu Global, that converts customer deposits into stablecoins. The ...