Banking lobby urges OCC to pause crypto trust-charter reviews until GENIUS rules clarified
The American Bankers Association asked the Office of the Comptroller of the Currency to delay reviews of new national trust bank charters for crypto and stablecoin firms until the GENIUS Act framework is fully in place [1][4].
In a letter to the OCC the ABA called for stopping charter reviews affecting firms including Ripple, Coinbase and Circle, along with other crypto-related applicants, according to reporting on the demand [2][3].
The request comes amid a broader regulatory overhaul and ongoing tensions as crypto firms press for deeper access to the U.S. banking system while key rules remain unsettled [4][1].
The ABA’s appeal places additional industry pressure on the OCC as it evaluates crypto-linked charter applications; the bank lobby wants reviews paused until GENIUS Act rules are clarified [1].
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Citations
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- 1Bankers push OCC to slow crypto trust charters until GENIUS rules clarifiedCointelegraph• Feb 12, 2026
- 2Breaking: ABA Tells OCC to Delay Charter Review for Ripple, Coinbase, CircleCoinGape• Feb 12, 2026
- 3JUST IN: Ripple, Coinbase, Circle Bank Charters at Risk as ABA Demands OCC SlowdownCoinpedia Fintech News• Feb 12, 2026
- 4US Banks Urge Regulator to Slow Crypto-Linked Charters Amid Rule OverhaulDecrypt• Feb 12, 2026
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