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Bastion wins conditional OCC approval for national trust bank charter

MonitoringPolicyRegulatory actionFirst tracked 2026-09-19Last changed 2026-09-19

Current outcome

Bastion received preliminary conditional OCC approval for a national trust bank charter to offer stablecoin custody, wallets, payment infrastructure, and white-label issuance under federal supervision.

Progress timeline

1 material updates
  1. #01
    Initial2026-09-19 11:47 · publication time

    Bastion wins conditional OCC approval for national trust bank charter

    Bastion received preliminary conditional OCC approval for a national trust bank charter to offer stablecoin custody, wallets, payment infrastructure, and white-label issuance under federal supervision.

    Source evidence: Cointelegraph

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