Independent Community Bankers of America

Rule Changes

Opposing Coinbase's charter and suing the OCC

Coinbase has held its customers' crypto under a New York state trust charter since October 2018. On Nov. 6, the Office of the Comptroller of the Currency (OCC) granted its replacement, Coinbase National Trust Company, a full federal trust bank charter.

Updated 2 hours ago

Rule Changes

Plaintiff in the lawsuit against the OCC

A trade group for community banks sued the U.S. banking regulator on Oct. 2 over federal trust charters granted to crypto firms. The Independent Community Bankers of America says the Office of the Comptroller of the Currency has exceeded its authority under the National Bank Act.

Updated Oct 21