PANews reported on February 12th, citing Cointelegraph, that the American Bankers Association (ABA), in a comment letter to the Office of the Comptroller of the Currency (OCC), urged the OCC to slow down the approval of national trust bank licenses for crypto and stablecoin companies until the regulatory framework of the GENIUS Act is fully clarified. The ABA warned that current applicants still face unresolved federal and state regulatory obligations, and that uninsured digital asset trust banks pose risks such as client asset segregation and conflicts of interest. The association also cautioned that such licenses could be used to circumvent SEC or CFTC regulations. The ABA requested the OCC to increase transparency in capital and operational standards and prohibit non-bank institutions from using the word "bank" in their names to reduce consumer confusion.