US · Jurisdiction
United States
- verified items
- 12
- tracked initiatives
- 5
- banks with licence / notification
- 0
- upcoming dated deadlines
- 1
What banks are doing (observed)
Observed in verified tracker records — what banks in this market have verifiably been authorised for or launched. Not legal advice; open each source for scope.
Tokenized deposits
SoFi, J.P. Morgan (Kinexys), Citi, HSBC
Custody & trading
BNY
Key rules & official statements
Verbatim from regulator, central bank and standard-setter sources (Tier 1). Quotes are string-matched against the live page before every deploy.
Regimes tracked: GENIUS Act · SEC crypto custody · CFTC crypto markets
- T1RegulatorUSOCC Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act
“We are providing a clear, practical framework for payment stablecoin innovation, with strong standards for reserve backing, redemption, and risk management.”
Office of the Comptroller of the Currency (opens source in new tab) · Final rule
- T1RegulatorUSCFTC seeks comment on ANPRM for Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets
“The Commission’s announcement begins our process of new rulemakings grounded in the CEA’s purpose and President Trump’s directive to propose a federal crypto asset regulatory market structure using the CFTC’s existing statutory authorities.”
Commodity Futures Trading Commission (opens source in new tab) · Advance notice (ANPRM)
- T1RegulatorUSSEC Chairman Atkins on the proposal to address custody of crypto assets by advisers and funds
“To that end, today’s proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before—and replacing the grey of uncertainty created by custody rules crafted for a bygone era.”
- T1RegulatorUSSEC proposal on how investment advisers and funds can custody crypto assets
“The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds”
U.S. Securities and Exchange Commission (opens source in new tab) · Proposed rule
- T1RegulatorUSCFTC staff update FAQs on registrant activities relating to crypto assets and blockchain
“I’m pleased to see staff update these frequently asked questions consistent with the agency’s ongoing efforts to provide regulatory clarity for the crypto industry”
Commodity Futures Trading Commission (opens source in new tab)
- T1RegulatorUSFederal Reserve Board requests comment on GENIUS Act framework for Board-supervised payment stablecoin issuers
“The first proposal would require that Board-supervised payment stablecoin issuers fully back their stablecoins with certain permissible reserve assets, such as short-term Treasury bills and certain other high-quality, liquid assets.”
Federal Reserve Board (opens source in new tab) · Proposed rule
- T1RegulatorUSSEC issues “Innovation Exemption” for trading of tokenized NMS stock
“would allow TSVs to trade tokenized NMS stock in a permissioned environment today while the Commission considers the need for additional action to facilitate onchain trading.”
U.S. Securities and Exchange Commission (opens source in new tab)
Deadlines & key dates
Dates are quoted from the official text; undated rules are shown as stated. All deadlines
18 Jan 2027
GENIUS Act and OCC final implementing rule take effect
GENIUS Act · Rules take effect · Office of the Comptroller of the Currency (opens source in new tab)
60 days after Federal Register publication
Comment period on CFTC ANPRM (Regulation Crypto Asset Transactions / Markets)
CFTC market structure · Comment deadline · Commodity Futures Trading Commission (opens source in new tab)
60 days after Federal Register publication
Comment period on SEC crypto custody proposal for advisers and funds
SEC custody · Comment deadline · U.S. Securities and Exchange Commission (opens source in new tab)
60 days after Federal Register publication
Comment period on Fed GENIUS Act proposals (reserve assets; capital and risk management)
GENIUS Act · Comment deadline · Federal Reserve Board (opens source in new tab)
Licensed / notified banks
Banks whose initiative carries a regulator record (authorisation) or a MiCA Art. 60 notification in our tracker.
None in our verified data.
Tracked bank initiatives
SoFi Earn (SOFIE) consumer tokenized deposit
UnknownUnknownLive — commercial, within explicit scope
JPM Coin (JPMD) USD deposit token on public blockchains
UnknownLive — restricted / specific counterpartiesLive — restricted / specific counterparties
BNY Digital Asset Custody (US; EU under MiCA)
UnknownLive — restricted / specific counterpartiesLive — restricted / specific counterparties
Citi Token Services for Cash
UnknownLive — commercial, within explicit scopeLive — commercial, within explicit scope
HSBC Tokenised Deposit Service (TDS)
UnknownLive — commercial, within explicit scopeLive — commercial, within explicit scope
Latest verified items
- T2Bank / FMIUS
SoFi Launches SoFi Earn (SOFIE), the First and Only National Bank-Issued Tokenized Deposit for Consumers
- T1RegulatorUS
OCC Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act
- T2Bank / FMIUS
JPM Coin deposit token goes live on Ethereum
- T2Bank / FMIUS
Tereina and Circle bring USDC and EURC into enterprise workflows, starting with SAP
- T1RegulatorUS
CFTC seeks comment on ANPRM for Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets
- T1RegulatorUS
SEC Chairman Atkins on the proposal to address custody of crypto assets by advisers and funds
- T1RegulatorUS
SEC proposal on how investment advisers and funds can custody crypto assets
- T2Bank / FMIUS
Volante Technologies and Circle to advance stablecoin payment and settlement capabilities for financial institutions
- T1RegulatorUS
CFTC staff update FAQs on registrant activities relating to crypto assets and blockchain
- T1RegulatorUS
Federal Reserve Board requests comment on GENIUS Act framework for Board-supervised payment stablecoin issuers
Authorities: Office of the Comptroller of the Currency · Federal Reserve Board · U.S. Securities and Exchange Commission · Commodity Futures Trading Commission