[American Bankers Association Urges OCC to Pause Crypto Custody Bank Charter Approvals] The American Bankers Association (ABA) has urged the Office of the Comptroller of the Currency (OCC) to suspend national trust bank charter approvals for cryptocurrency and stablecoin companies until the GENIUS Act is fully clarified. In a comment letter on Wednesday, the ABA pointed out that applicant institutions engaged in stablecoin and digital asset businesses still face unresolved federal and state regulatory issues. It also warned of risks associated with uninsured digital asset national trusts in areas such as customer asset segregation, conflicts of interest, and cybersecurity. This comes less than two months after the OCC conditionally approved national trust bank applications from five crypto companies, including BitGo, Fidelity Digital Assets, and Ripple, on December 12, 2025.