About
Empowering financial equality through trusted oversight and innovative banking solutions
The Office of the Comptroller of the Currency (OCC) is an independent bureau of the U.S. Department of the Treasury that charters, regulates, and supervises all national banks and federal savings associations. Its mission is to ensure institutions operate safely, provide fair access to financial services, and comply with laws. Supervising ~1,010 banks with $16.7T in assets, the OCC uses its $1.357B budget and 2,000+ examiners to maintain a stable and inclusive federal banking system.
Use Cases
Corporate Application Monitoring
Banks and financial analysts track application statuses like approvals ordenials to assess regulatory progress and decisions.
Enforcement Action Research
Legal teams or compliance officers search enforcement actions by banks orindividuals to review regulatory history and risks.
Financial Institution Data Access
Investors and regulators search key financial institution info including CRArecords and enforcement for oversight and due diligence.
CRA Performance Evaluation Analysis
Community groups and researchers access CRA evaluations by rating or region tomonitor bank performance on community reinvestment.
Key Features
OCC authorities & interpretive letters on crypto/stablecoins
- Interpretive guidance (Jul 22, 2020) affirms national banks and federal thrifts may provide cryptocurrency custody,including holding private keys.
- Interpretive Letter #1172 (Sep 21, 2020) addresses banks holding reserves for certain “stablecoins,”defining their purpose and conditions.
- News/Guidance (Dec 9, 2025) confirms bank authority to engage in riskless principal crypto-asset transactions as part of banking.
- Interpretive Letter #1184 (May 7, 2025) permits banks to outsource cryptocurrency custody and execution services with appropriate risk management.
- Bank Activities: Crypto-Asset Safekeeping Services (Jul 14, 2025) outlinesexpectations for banks offering crypto safekeeping.
Supervisory guidance & interagency policy on digital assets
- Agencies’ Joint Statement (Jul 14, 2025) on risk-management for digital assets highlights topics:Digital Assets & Tokenization; Responsible Innovation.
- Joint Statement on Crypto-Asset Policy Sprint (Nov 23, 2021) summarizesOCC/FDIC/Fed interagency work and next steps on crypto-asset supervision.
- Interagency statement (Jan 3, 2023) flags stablecoin run risk and potential deposit outflows for banks holding stablecoin reserves.
- OCC page (Mar 7, 2025) compiles issuances addressing certain crypto-asset activities under Bank Activities/CARG topics.
- GENIUS Act NPRM (recent) outlines a federal framework: transition of statequalified payment stablecoin issuers, custody, and application/registration steps.
