Jack Dorsey’s Block Applies for OCC Federal Bank Charter
Block, Inc., the enterprise established by Jack Dorsey, is the latest firm pursuing a federally regulated national banking status. On Tuesday, the payment processing enterprise…
OCC
OpenReserve Backed by Andreessen Horowitz Wins Preliminary OCC Charter Approval
OpenReserve, which counts Andreessen Horowitz as a backer, has been granted preliminary conditional consent by the Office of the Comptroller of the Currency to set…
U.S. Banking Agency Gives Blockchain Bank OpenReserve Initial OK to Operate
The U.S. Office of the Comptroller of the Currency granted a new charter to OpenReserve Bank, a distributed ledger bank supported by various digital asset…
Revolut Reaches Major Milestone for US Bank Status via OCC Conditional Clearance
Financial technology enterprise Revolut announced it has acquired preliminary clearance from a major American banking authority in its pursuit of domestic banking status. On Thursday,…