MonitoringPolicyRegulatory actionFirst tracked 2026-09-04Last changed 2026-09-04
Current outcome
Revolut and a16z-backed OpenReserve received preliminary OCC approval to establish US national banks, with plans to offer crypto custody and stablecoin-related services.
Progress timeline
1 material updates- #01
Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and a16z-backed OpenReserve received preliminary OCC approval to establish US national banks, with plans to offer crypto custody and stablecoin-related services.
Source evidence: Cointelegraph · Decrypt