Community Bankers Sue OCC Over Crypto Trust Bank Charter Approvals
The Independent Community Bankers of America (ICBA) sued the Office of the Comptroller of the Currency (OCC) on October 2, 2026, in U.S. District Court for the District of Columbia.
- The Independent Community Bankers of America sued the OCC over crypto national trust bank charter approvals.
- The OCC has approved or conditionally approved 21 national trust bank charters, at least 13 for crypto firms.
- The ICBA claims the OCC exceeded its statutory authority by granting charters for non-fiduciary crypto activities.