OCC Prioritizes De Novo Charters for Digital Asset and Emerging Tech Banks

OCC Director Jonathan V. Gould confirms priority on reviving de novo chartering, inviting entities in digital assets and emerging tech to apply for national bank status.

Woofun AI reports that the Office of the Comptroller of the Currency (OCC) has reaffirmed its commitment to prioritizing the revival of the 'de novo chartering' system to facilitate the establishment of new financial institutions. OCC Director Jonathan V. Gould stated that entities conducting legally permitted activities, including those involving digital assets and other emerging technologies, are eligible to seek national bank status in the United States. Gould emphasized that the U.S. and the OCC are actively welcoming diverse participants to explore business opportunities within this regulatory framework.