Charter news and trends

Bitcoin Daily: Fidelity’s Crypto Business Gets License; Bitcoin.com Launches $200M Fund
Bitcoin // November 21, 2019

Fidelity Digital Asset Services (FDAS) has been granted a charter by the New York State Department of Financial Services (DFS) under New York Banking Law, allowing it to operate as a limited liability Trust Company as part of the state’s rapidly growing virtual currency marketplace....

Michigan Approves Charter For First LGBT Credit Union
Banking // September 10, 2019

Michigan has approved a charter for a new financial institution designed for LGBT customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

NY Sues Fed Over OCC’s FinTech Charter Decision
Banking // September 14, 2018

To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government. In a complaint filed with a federal court, New...

Lawsuit Filed Over OCC FinTech Charter Plans
Legal // April 27, 2017

The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against the Office of the Comptroller of the Currency (OCC) in response to the latter’s plans to offer banking charters to...

Quick Reads
Bitcoin Daily: Fidelity’s Crypto Business Gets License; Bitcoin.com Launches $200M Fund

November 21, 2019
Fidelity Digital Asset Services (FDAS) has been granted a charter by the New York State Department of Financial Services (DFS) under New York Banking Law, allowing it to operate as a limited liability Trust Company as part of the state’s rapidly growing virtual currency marketplace. Get the Full Story Complete the form to unlock this […]

Michigan Approves Charter For First LGBT Credit Union

September 10, 2019
Michigan has approved a charter for a new financial institution designed for LGBT customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

NY Sues Fed Over OCC’s FinTech Charter Decision

September 14, 2018
To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New...

Lawsuit Filed Over OCC FinTech Charter Plans

April 27, 2017
The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against the Office of the Comptroller...