Search
Ex-OCC Chief Brooks Calls Tesla’s Bitcoin Buy a Bit ‘Scary News’ for Rest of World
8.2.2021
Brooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done
Protego Becomes Second Crypto Firm to Win Bank Charter From OCC
5.2.2021
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
Former Ripple advisor set to become Comptroller of the Currency: WSJ
21.1.2021
President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency
Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC
15.1.2021
The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter...
New Comptroller of the Currency announced: Will he be as good for crypto?
14.1.2021
Acting Comptroller of the Currency Brian P. Brooks is officially stepping down after eight months at the OCC
OCC Chief Brian Brooks Is Stepping Down Thursday
14.1.2021
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday
Anchorage Becomes First OCC-Approved National Crypto Bank
13.1.2021
The crypto industry has its first federally chartered bank: Anchorage
'Two cops on the beat': Regulator wants sole authority to charter fintech firms
7.1.2021
The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms
Top US Banking Regulator: Banks Are Authorized to Use Public Blockchains and Stablecoins for Payment Activities
5.1.2021
The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains...
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Comptroller reveals path for crypto companies to become banks
18.11.2020
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
Mainstream DeFi is ‘inevitable’: US currency comptroller
21.10.2020
The U.S acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi
Markets will decide on regulations, not the government: Currency Comptroller
7.10.2020
The government is great at setting up regulatory frameworks, not building products, says Currency Comptroller Brian Brooks
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
6.8.2020
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois...