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Nalezeno "OCC": 148

Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion'

29.9.2021
Texas Senator Ted Cruz is among a number of politicians and bankers that are opposed to the nomination of Saule Omarova

Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC

24.9.2021
While crypto has been mostly weathered past hacks, scams, and crashes, acting OCC head Michael Hsu warns the risks may be multiplying as the technology goes mainstream

Biden to nominate anti-crypto and anti-big bank law professor to run the OCC

23.9.2021
Omarova has stated she hopes to “end banking as we know it” but believes large financial firms can abuse the crypto market outside of regulators’ view

Crypto and DeFi disintermediate banking in new ways, says OCC head

16.9.2021
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system

Circle Intends to Become a Full-Reserve National Commercial Bank

11.8.2021
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC,...

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...

US regulators must collaborate on ‘regulatory perimeter’ for crypto: OCC head

31.5.2021
Acting OCC head, Michael Hsu, wants greater inter-agency cooperation in establishing regulatory guidelines for the crypto sector

US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’

26.5.2021
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull...

Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

22.5.2021
U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys....

Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership

20.5.2021
The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U.S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the approval of any additional charters to nonbank...

New OCC head requests review of cryptocurrency rules

19.5.2021
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders

OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter

24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...

Paxos receives ‘preliminary conditional approval’ for US bank charter

23.4.2021
The stablecoin issuer has nabbed a banking license, but it doesn't mean they'll be doing any banking in the traditional sense

Paxos National Trust Gets OCC Blessing, Charles Schwab Eyes Crypto + More News

23.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news The US Office of the Comptroller of the Currency (OCC) today announced preliminary conditional approval of the application to charter...

Former Comptroller of the Currency Brian Brooks to Lead Binance’s US Trading Platform

21.4.2021
A former top regulator and acting head of the U.S. Comptroller of the Currency, Brian Brooks has been appointed the CEO of crypto exchange Binance.us. Brooks will lead the exchange on May 1st and replace the company’s current lead, Catherine Coley. Binance has hired an individual with ties...