According to @EleanorTerrett, the US crypto market structure bill markup could slip into January as negotiations continue, extending the regulatory clarity timeline and keeping policy headline risk elevated for crypto assets and related equities. Source: Eleanor Terrett, Crypto In America, Dec 10, 2025, X post. According to @EleanorTerrett, President Trump has begun Federal Reserve Chair interviews, a process that can influence rate-path expectations and liquidity conditions that drive risk appetite in BTC and ETH. Source: Eleanor Terrett, Crypto In America, Dec 10, 2025, X post. According to @EleanorTerrett, the CFTC and the US Office of the Comptroller of the Currency have taken steps to bring crypto mainstream, signaling incremental regulatory integration that can affect exchange, custody, and compliant product flows. Source: Eleanor Terrett, Crypto In America, Dec 10, 2025, X post. Trading takeaways: Monitor a potential January markup window, track CFTC and OCC communications for rulemaking signals, and watch Fed Chair headlines for volatility impacts on BTC, ETH, and US crypto-exposed stocks. Source: analysis based on developments reported by Eleanor Terrett, Dec 10, 2025.

According to @AltcoinDaily, the US national bank regulator says banks can now act as crypto intermediaries, as posted on Dec 9, 2025 (source: @AltcoinDaily on X, Dec 9, 2025). The US national bank regulator is the Office of the Comptroller of the Currency, which charters and supervises national banks in the United States, providing the relevant authority for any bank crypto intermediation guidance (source: OCC mission and authority overview). For context, the OCC has previously clarified that national banks may provide cryptocurrency custody, hold stablecoin reserves for issuers, and use stablecoin networks for payment activities subject to supervisory non-objection via Interpretive Letters 1170, 1172, and 1174 (source: OCC Interpretive Letters 1170, 1172, 1174). From a trading perspective, confirmation of a new OCC bulletin or interpretive letter would define the scope of intermediation and compliance requirements that determine bank rollout timelines, directly affecting access to bank-channel custody and settlement rails relevant to BTC and ETH liquidity (source: OCC interpretive letter process and supervisory non-objection framework). Key watchpoints for traders are 1) an official OCC release confirming the policy and its effective date, 2) announcements from major US banks on custody, settlement, or agency services, and 3) subsequent changes in BTC and ETH spot volumes on US venues to assess liquidity impact (source: OCC newsroom; bank investor relations disclosures; exchange public volume dashboards).

According to the source, the OCC chief warned that banks that block crypto custody risk irrelevance to clients seeking digital-asset services, aligning with existing OCC guidance that permits national banks to offer crypto custody (source: the source post; source: OCC Interpretive Letter 1170, Office of the Comptroller of the Currency, July 2020). OCC letters 1172 and 1174 further permit banks to hold stablecoin issuer reserves and to use independent node verification networks and stablecoins for payments, outlining clear pathways for bank participation in digital assets (source: OCC Interpretive Letter 1172, OCC, Sept 2020; source: OCC Interpretive Letter 1174, OCC, Jan 2021). Banks must still obtain supervisory nonobjection before engaging in these activities and address accounting treatment under SEC Staff Accounting Bulletin 121, both of which have constrained some large banks’ crypto custody offerings (source: OCC Chief Counsel Interpretive Letter 1179, OCC, Nov 2021; source: SEC Staff Accounting Bulletin No. 121, U.S. SEC, Mar 31, 2022). For traders, confirmation of bank-led custody or stablecoin reserve services would expand qualified custodial options for institutions and enable mandate-compliant participation in BTC and ETH markets because banks are qualified custodians under the SEC Custody Rule (source: 17 CFR 275.206(4)-2, SEC Custody Rule; source: OCC Interpretive Letter 1170, OCC, July 2020). Monitor regulatory filings and bank disclosures for new crypto custody launches and for updates from U.S. banking regulators that could accelerate or slow institutional adoption (source: Federal Reserve, FDIC, and OCC Joint Statement on Crypto-Asset Risks to Banking Organizations, Jan 3, 2023).

According to the source, a social post claims Erebor has obtained a U.S. federal charter to operate a crypto bank; traders should confirm any charter directly via the OCC’s Weekly Bulletin and charter decisions before repositioning, as these records are the authoritative source for national bank charters (source: occ.treas.gov/publications-and-resources/weekly-bulletin; occ.treas.gov/topics/charters-and-licensing). If confirmed, a national bank authorization from the OCC governs permissible activities, interstate operations, and supervisory standards that affect custody and payments frameworks relevant to stablecoin issuance and reserve management (source: occ.treas.gov/topics/charters-and-licensing; occ.treas.gov/publications-and-resources/legal-interpretations/interpretations-and-actions). Trading checklist right now: monitor USDT and USDC circulating supply and market share to detect rotation across stablecoins using issuer transparency pages and market trackers (source: tether.to/transparency; circle.com/transparency; coinmarketcap.com/stablecoins). Cross-check on-chain exchange balances and net flows for stablecoins to assess liquidity changes across venues using reputable analytics dashboards (source: glassnode.com; nansen.ai; cryptoquant.com). Track BTC and ETH basis, funding rates, and USD stablecoin order book depth on major derivatives venues to gauge leverage and demand shifts around any banking developments (source: coinglass.com; deribit.com).

According to @business, Coinbase said it is seeking a national trust company charter from the Office of the Comptroller of the Currency. Source: Bloomberg (@business), Oct 3, 2025, https://www.bloomberg.com/news/articles/2025-10-03/coinbase-seeks-occ-trust-charter-to-grow-payments-business According to @business, Bloomberg characterized Coinbase as the largest US crypto exchange and reported the filing aims to grow its payments business. Source: Bloomberg (@business), Oct 3, 2025, https://www.bloomberg.com/news/articles/2025-10-03/coinbase-seeks-occ-trust-charter-to-grow-payments-business

According to @EleanorTerrett, Ripple has officially applied for a national banking license with the Office of the Comptroller of the Currency (OCC). This move, confirmed by a company spokesperson, aims to expand Ripple's crypto services and enable operations across state lines under a single federal regulatory framework. The news triggered a positive market reaction, with the price of XRP jumping over 3%. Current data shows XRPUSDT trading at $2.2721, marking a 3.787% increase in 24 hours and reaching a high of $2.2880. This application follows a similar filing by USDC issuer Circle, indicating a growing trend among major stablecoin companies to seek federal oversight as U.S. crypto regulation advances.

According to @rovercrc, Ripple has officially applied for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC). This strategic move, which was first reported by The Wall Street Journal, aims to allow Ripple to expand its crypto services and operate across state lines under a unified federal regulatory framework. The market reacted immediately to the news, with the price of XRP jumping over 3%. Current data shows XRPUSD trading at $2.2709, a 3.65% increase in 24 hours. This application follows a similar filing by USDC issuer Circle, signaling a trend of major crypto firms seeking federal oversight as U.S. stablecoin legislation advances.

According to @BTC_Archive, Circle, the issuer of the USDC stablecoin, has applied to the U.S. Office of the Comptroller of the Currency (OCC) to become a federally regulated national trust bank. For traders, this move is significant as it aims to place USDC under the same regulatory oversight as traditional financial institutions, potentially increasing its stability, trust, and adoption. If approved, the charter would allow Circle to operate nationwide without individual state licenses, which could enhance USDC's liquidity and integration into the U.S. financial system. This proactive step towards regulatory compliance could reduce long-term risks for traders who rely on USDC, a key trading pair for assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), by solidifying its role as a regulated, institutional-grade digital dollar.

According to @StockMKTNewz, Circle, the issuer of the USDC stablecoin, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This strategic move aims to bring Circle under direct federal oversight, similar to traditional financial institutions, and would allow it to operate across the U.S. without individual state licenses. If approved, the new entity, named First National Digital Currency Bank, N.A., would manage USDC reserves and offer regulated custody services to institutional clients. The application is seen as a proactive step to align with potential U.S. stablecoin legislation, such as the GENIUS Act. Circle CEO Jeremy Allaire stated the goal is to strengthen USDC's infrastructure and support the development of market-neutral financial infrastructure. This follows similar charters granted to other crypto firms like Paxos and Anchorage. From a trading perspective, the news underscores the increasing regulatory integration of major stablecoins; currently, USDC maintains its peg with USDC/USDT trading at $0.9988 and USDC/USD at $1.00, while facilitating significant volume in pairs like BTC/USDC and ETH/USDC.

According to @EleanorTerrett, approximately 15 cryptocurrency and fintech firms are pursuing bank charters through the Office of the Comptroller of the Currency (OCC), aiming for an easier route to secure a Federal Reserve Master Account. This development could significantly impact trading conditions and liquidity in the cryptocurrency market, as access to banking services and a Master Account may streamline operations for these firms. The Wednesday edition of the Crypto In America newsletter provides in-depth analysis on this topic.

According to Eleanor Terrett, the FDIC is following the OCC's lead in removing 'reputational risk' from its supervision criteria, a move significant for crypto businesses that faced debanking due to this factor. This change could lead to more stable banking relationships for lawful businesses in the crypto sector, promoting enhanced financial operations and potentially increasing institutional confidence in cryptocurrency markets.

According to Crypto Rover, the OCC has reversed Biden-era rules, now allowing US banks to hold and work with cryptocurrencies. This significant policy shift, announced during the Crypto Summit, marks a pivotal moment for crypto integration into traditional banking systems.

According to paulgrewal.eth, there is a notable appreciation towards the Office of the Comptroller of the Currency (OCC) for recent developments, which were unexpected a few months ago. This sentiment suggests a positive shift in regulatory perspectives or actions that could impact trading and investment strategies in the cryptocurrency market.

According to nic carter, the Office of the Comptroller of the Currency (OCC) has unveiled a new regulatory framework aimed at providing clearer guidelines for cryptocurrency operations within the banking sector. This development is expected to significantly impact trading strategies and compliance requirements for crypto assets.