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Sep 21, 2026

OCC grants preliminary approval to two firms for national trust banks handling digital assets

The Office of the Comptroller of the Currency has given preliminary conditional approval to both Catena and Agora to establish national trust banks. The proposed banks would custody and manage digital assets, stablecoins, fiat, and securities, pending fulfillment of capital, liquidity, and preopening requirements.

Sep 21, 2026·2 sources
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Top claims

  • ▪Agora currently issues the AUSD stablecoin through Agora Bermuda Limited, which is licensed by the Bermuda Monetary Authority
  • ▪The Office of the Comptroller of the Currency's preliminary approval requires Agora National Trust Bank to meet conditions covering capital, liquidity, and governance before commencing operations.
  • ▪The national trust bank proposed by Catena, which received preliminary conditional approval from the OCC, must meet capital, liquidity, and preopening requirements before it can begin operations

Topics

Institutional crypto adoptionStablecoin regulationCrypto regulationCrypto custody regulationOCC digital asset trust bank approvals