Browsing: charter

The line between fintechs and banks continued to blur in 2025 as fintech companies acquired or applied for bank charters in various forms this year. From…

Key insight: The OCC’s conditional approval of five crypto-focused national trust bank charters has spawned a debate over whether digital-asset custody and stablecoin-related activities fit within…

Key insights: PayPal submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to create PayPal Bank. What’s at stake: Payment companies…

Key insight: ICBA says Bridge’s stablecoin plan violates historic scope of the trust charter.Supporting data: The industry group cites deposit-like business plans and the lack of…

Key insight: Industry regulation debates could impact crypto custodians like Coinbase seeking trust charters.Expert quote: Comptroller Jonathan Gould argues that bringing compliant fintechs into banking is…

Key insight: Banking sector voices warn fintech firms may be using national trust charters to gain access to banking privileges without full regulation or deposit insurance…

Key insight: Bridge joins Circle, Ripple and Paxos in seeking a regulatory charter to serve customersExpert Quote: “We’ve long believed stablecoins will be a core, regulated…

Nubank is setting its sights on the U.S. digital banking market.The Brazilian neobank announced on Tuesday that it has filed for a U.S. national bank charter…

Ripple, the creator of the altcoin XRP and developer of distributed ledger technology, has applied for a national trust bank charter from the Office of the…

Peter Thiel, co-founder of Paypal and supporter of President Trump, is one of a group of tech entrepreneurs seeking a national bank charter for Erebor, a…