Bitcoin News, posting on X, relayed an OCC statement saying companies engaged in legally permitted activities in digital assets and emerging technologies should have a pathway to apply to become national banks.
The position was carried in the name of OCC Comptroller Jonathan Gould, who said regulators had in practice obstructed new bank applications for more than a decade, and that this period has now come to an end. Alongside his remarks, the agency noted it has received 40 applications to establish new banks over the past 18 months, and that many complete applications were decided within 120 days.
The message was published by Bitcoin News on X and picked up by ChainCatcher. Gould's comments combine a policy statement on digital asset and emerging technology companies with fresh figures on how the OCC has processed new bank applications during that 18-month window.
The core of the announcement: the era of effectively blocking new bank applications is over, and firms working in digital assets and emerging technologies now have a stated pathway to pursue national bank charters.
The Office of the Comptroller of the Currency (OCC) has said companies engaged in legally permitted activities around digital assets and emerging technologies should have a way to apply for national bank charters. Bitcoin News reported the statement on X.
Comptroller Jonathan Gould said the regulator had for more than a decade effectively stood in the way of new bank applications. That period, he said, is over.
The OCC said it has received 40 applications to set up new banks over the past 18 months, and that many complete applications have been decided within 120 days. The remarks frame the agency's chartering process as open to firms working in digital assets and emerging technologies after years of de facto obstruction.
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