OCC Rule Effective April 1, 2026 Lets Crypto Trust Banks Treat Custody as Core

On February 27, 2026, the OCC finalized a rule that broadens permissible activities for national trust banks, with implementation set for April 1, 2026. The update allows crypto trust banks to offer custody and safekeeping as a primary business, with firms such as Ripple, Circle, Paxos, and Crypto.com holding conditional approvals.