OpenReserve gets OCC nod for national bank charter

This marks a notable step toward integrating onchain settlement into the federally chartered banking framework, potentially setting a precedent for how digital asset infrastructure aligns with traditional regulatory oversight. The backing of a major venture firm signals institutional confidence in the model, though preliminary approval is just the first stage. The key question is whether the OCC's final conditions will impose constraints that dilute the efficiency gains of onchain rails, and how other applicants respond to this regulatory pathway.