By admin The US Office of the Comptroller of the Currency has granted conditional approval to Augustus, a Peter Thiel-backed financial technology company, to establish Augustus Bank, N.A. as a fully licensed national clearing institution. Positioned as the first bank architected from the ground up for artificial intelligence and programmable money, the proposed entity is […]
Tag: OCC
By admin Major Wall Street banks are preparing to challenge the US Office of the Comptroller of the Currency over its expanded crypto trust charters. This legal threat highlights a growing tension regarding how far nonbank entities can go in offering nationwide crypto services. The Bank Policy Institute represents major lenders including JPMorgan, Bank of […]
By Emir Abyazov Key highlights: Bitcoin remains steady near $92K as selling pressure cools and ETF inflows return. U.S. banks gain approval to conduct riskless principal Bitcoin transactions under OCC guidance. BTC regains a key technical level, hinting at improving momentum after weeks of weakness. Bitcoin continued to trade near $92,000 this morning as a […]