The U.S. Office of the Comptroller of the Currency (OCC) has conditionally approved Nubank to establish a national bank, which possibly preconditions the establishment of regulated crypto custody services in the country. The grant, which came 121 days after the company filed its application on Sept. 30, 2025, permits the company to enter the bank organization phase. Nubank fulfilled the capitalization, governance, and supervisory conditions provided by the OCC in this period and also obtained independen ...