Wire · operational-macro
REGULATION | OpenReserve Gets Preliminary OCC Approval for a U.S. Blockchain Bank
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Fusion42 · 4 September 2026 · Fusion42 review
OpenReserve received preliminary approval from the U.S. OCC to establish a national blockchain bank offering banking-as-a-service with digital asset custody, stablecoins, and on-chain settlement, subject to regulatory requirements including deposit insurance.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must prepare for crypto firms moving from partnerships to direct banking roles as OpenReserve's OCC approval pries open US regulated banking for blockchain services. This shift creates a fresh banking access point and regulatory bar for crypto startups handling custody and token-based payment services.
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1 source · 4 Sep 2026
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