Top News Today: OCC Defends Crypto Bank Charters, Coinbase’s Big Move & U.S. Crypto Oversight Shift

The U.S. Office of the Comptroller of the Currency says crypto firms deserve the same consideration as traditional banks when applying for national trust charters, dismissing industry objections.

Fast-Track Insights: OCC chief Jonathan Gould says restricting digital asset firms would “undermine” innovation. With 14 charter applications already this year, major players like Coinbase, Circle, and Ripple aim to bring payments and stablecoins under federal supervision. The OCC says it is fully equipped to oversee these new entrants.

Let’s dive into what this means for crypto, banking, and the next phase of digital finance.