US Community Banks Sue OCC Over Crypto Trust Bank Charters
Photo: TokenPost
An association representing community banks has sued the Office of the Comptroller of the Currency (OCC), seeking to stop it from using national trust bank charters to authorize crypto firms to offer services under federal oversight. ICBA’s Oct. 2 filing in the District of Columbia federal court names the OCC and Comptroller Jonathan Gould as defendants. ICBA seeks orders nullifying the OCC’s March 2026 chartering rule and Interpretive Letter 1176, and preventing the agency from invoking either in decisions on new or conditional charters.
Also reported by CoinGeek.
Source: TokenPost
