Code & Chain · Signal Desk

As Congress Stalls on Legislation, Institutional Crypto Building Accelerates Under OCC and GENIUS Act

Original sourceForkast

Summary

The CLARITY Act may stall in the Senate, but institutional-level building is advancing under the OCC and GENIUS Act framework. Circle received an OCC national trust charter, Revolut got a conditional national bank charter, OpenReserve, backed by a16z, entered full banking preparation, 21-bank allia…

Key points

  • Understanding actual US crypto regulatory progress is valuable for business strategy and compliance.
  • Even without congressional legislation, federal regulators are shaping stablecoin and banking frameworks via executive action.
  • Institutions can expect clearer regulatory environment post-2027, with traditional banks and crypto-native companies racing to position.

Editorial note

This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.