Banking group sues OCC over crypto trust charter approvals
On October 2, 2026, the Independent Community Bankers of America (ICBA) sued the Office of the Comptroller of the Currency (OCC) in US District Court for the District of Columbia.
- ICBA argues the OCC exceeded its authority and the charters let crypto firms avoid CRA and FDIC insurance rules
- Crypto industry groups including the Digital Chamber and Paradigm oppose the suit as incumbent bank protection