OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters

Bitcoin Magazine OCC Says It’s ‘Open for Business’ as Crypto Firms Line Up for Bank Charters The Office of the Comptroller of the Currency says it will keep pushing to revive de novo bank chartering, a campaign that has already opened a federal on-ramp for some of the largest companies in crypto.

In a statement Tuesday, the regulator said reinvigorating new bank formation remains a priority and commended the Federal Deposit Insurance Corporation for its own recent efforts on the issue.

“De novo chartering is a sign of a healthy banking system,” said Comptroller of the Currency Jonathan V. Gould, adding that the FDIC’s new process for reviewing deposit insurance applications aligns with the OCC’s work to reverse the decline in new charters.

JUST IN: US regulator OCC approves Bitcoin and crypto firms to become national banks."America and the OCC are once again open for business." pic.twitter.com/p6ig74pLYD— Bitcoin Magazine (@BitcoinMagazine) August 12, 2026 Over the past 15 years, de novo chartering fell significantly, the OCC said.