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US regulator OCC approves Bitcoin and crypto firms as national trust banks, boosting crypto integration.

Market News
12 Aug 2026
Crypto Briefing
View Source
Bullish
US regulator OCC approves Bitcoin and crypto firms as national trust banks, boosting crypto integration.

The US Office of the Comptroller of the Currency (OCC) has approved Bitcoin and cryptocurrency companies to operate as national trust banks. This allows these firms to provide custody, settlement, and fiduciary services but not retail banking or lending. The move marks a significant regulatory step toward integrating crypto firms into the federal banking system, with companies like Circle and Ripple involved. This development could encourage greater institutional adoption of cryptocurrencies and influence future regulatory policies by the Federal Reserve and Congress.

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