The Independent Community Bankers of America has sued the Office of the Comptroller of the Currency to stop crypto firms obtaining national trust bank charters. The case, filed on 2 October i
The Independent Community Bankers of America has sued the Office of the Comptroller of the Currency to stop crypto firms obtaining national trust bank charters.
The case, filed on 2 October in the US District Court for the District of Columbia, challenges the OCC’s final rule of 2 March 2026 and Interpretive Letter No. 1176, which together allow national trust banks to carry out substantial crypto activity that is not traditional fiduciary work.
