Techub News reports that the American Bankers Association (ABA) has called on the Office of the Comptroller of the Currency (OCC) to slow down the approval process for national bank charters for digital asset companies. The ABA stated that the OCC needs to confirm that its regulatory and bankruptcy frameworks can handle the risks posed by companies operating in the cryptocurrency and stablecoin markets. The association urges all parties to exercise patience, mainly due to the legislative timetable of the GENIUS Act. Although the OCC has recently linked the approval of certain chartered institutions to future compliance with the act, the association pointed out that because the act requires coordination among five different agencies, including the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC), full implementation could still take several years.