LexRegPulse Daily - Aug 5, 2026
Alex here. This is LexRegPulse Daily for Wednesday, August 5, 2026.
Top story: the FDIC approved deposit insurance for Augustus National Bank, a Dallas-based de novo bank built to serve crypto firms, AI ventures, and high-net-worth clients. It's the first federally insured bank whose primary business is digital assets and stablecoin issuance under the GENIUS Act. The bank cleared OCC conditional approval back in May, and now has until August 2027 to open. For every bank watching the crypto-native model from the sidelines, this answers the question: the federal perimeter is open — if your…
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