Bastion Gets Conditional OCC Approval for Stablecoin Trust Bank
Bastion has received preliminary conditional OCC approval for a national trust bank intended to combine stablecoin custody, wallets, payments infrastructure and white-label issuance.
Tag: digital asset custody
Orlen Oil Loss Exposes Stablecoin Payment-Control Gaps
A failed Venezuelan oil transaction involving Poland’s Orlen shows how stablecoin settlement can magnify counterparty, custody and sanctions-control failures.
OCC Gives Revolut and OpenReserve Preliminary Bank Approvals
The OCC granted preliminary conditional approval for proposed national banks from Revolut and OpenReserve, both with planned digital-asset payment services.
Former FBI Supervisor Charged in Alleged $1M Crypto Wallet Theft
A federal complaint alleges an FBI supervisor used wallet credentials found in internal systems to move roughly $1 million in digital assets.