The Crypto Charter Scorecard: Mapping Banking’s New Infrastructure Race

Digital assets are reshaping U.S. financial services, and their impact can be traced by the wake of new banking charter applications.

The U.S. Office of the Comptroller of the Currency (OCC) is receiving so many applications for digital asset-focused national trust charters that a lobbying group for the traditional financial sector, the Bank Policy Institute (BPI), is considering suing the banking regulator over its decisions to approve so many crypto, payment and FinTech companies for them.