The Office of the Comptroller of the Currency conditionally approved national trust bank charter applications for Circle, Ripple, Paxos, BitGo, and Fidelity Digital Assets in December 2025

Banks, asset managers, corporations and pension funds moving into digital assets through custody launches, trading desks and treasury allocations.

Rules for who may hold digital assets on behalf of others and how, covering qualified custodians, banking charters, and the accounting treatment of custodied crypto.