Digital Chamber disclosed that it sent a May 27 letter to OCC head Jonathan Gould rejecting Senator Elizabeth Warren’s criticism of national trust charter approvals for nine crypto firms, arguing that her objections reflected a misreading of the law and that the OCC has authority to grant such charters. The firms identified in the dispute include Coinbase, Ripple, Circle and Paxos. Newer reporting adds that Ripple received conditional OCC approval in December 2025 to charter Ripple National Trust Bank and is pursuing a federally regulated trust bank structure as the OCC’s April 2026 rule expanding permitted national trust bank activities took effect. Warren has since joined banks in opposing Ripple and other crypto firms’ pursuit of OCC trust charters, arguing they could engage in bank-like crypto activity without the obligations imposed on traditional banks.