ICBA Sues OCC Over Crypto Charters Issued Since December 2025
Updated
Updated · POLITICO · Oct 5
ICBA Sues OCC Over Crypto Charters Issued Since December 2025
3 articles · Updated · POLITICO · Oct 5
Summary
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency on Friday, challenging the agency’s decision to grant special-purpose banking charters to crypto firms.
Since December 2025, the OCC has issued national trust charters to digital-asset companies, letting them hold crypto assets and customer funds across state lines under some federal oversight.
ICBA argues those approvals exceed the OCC’s statutory authority and improperly stretch the legal definition of national trusts.
The case opens a new front in the fight over how far federal bank regulators can go in bringing cryptocurrency firms into the banking system.