United Texas Bank said it received OCC approval to convert from a state-chartered bank to a national bank, a move the bank says will provide direct access to Federal Reserve payment systems including ACH and wire while maintaining FDIC insurance. The latest release adds that the charter conversion is intended to support services for crypto exchanges, OTC desks, and stablecoin-related business. This builds on earlier reporting that CEO Scott Beck said the conversion would provide a federal license and direct Federal Reserve payment access, while the bank also discussed crypto-linked payments activity, planned digital asset custody and trust services, and its UTB Atomic payment network. Source materials still do not clarify the exact completion date of the conversion or whether earlier conditional approval has now become a completed charter change.