Search

Nalezeno "occ": 218

OCC’s new Office of Financial Technology has a director and an opening date

30.3.2023
The OCC is replacing its Office of Innovation with a new body that will help it stay on top of fintech developments and emerging risks

That Binance Suit Sure Seems Bigger Than Just a CFTC Case

29.3.2023
Between Coinbase, Binance, Justin Sun, Do Kwon and Custodia, there has been just so much news over the last week. And that’s largely just the U.S. But Binance is the most interesting, not only for what happened (the Commodity Futures Trading Commission sued it), but also for what didn’t (the...

The Short-Sightedness of Run-Amok Regulators

29.3.2023
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks

'Operation Choke Point 2.0' may have contributed to SVB collapse: Mulvaney

22.3.2023
While the existence of "Operation Choke Point 2.0" has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy

Blockchain Association seeks info from Fed, FDIC, and OCC on 'de-banking' crypto firms

16.3.2023
The association submitted Freedom of Information Act requests as part of an investigation into how regulators’ actions “improperly contributed” to the collapse of three banks

Bitfury CEO: U.S. Government Using Crisis to Choke Off Crypto Access to Banks

15.3.2023
Brian Brooks, former head of the OCC and now board member of blockchain technology company Bitfury, says the recent crackdown by regulators on three crypto-friendly banks appears to be a coordinated effort and what some are dubbing "Operation Choke Point 2.0"

Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

15.3.2023
It's unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector

U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight

6.3.2023
As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), in a speech Monday

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

3.3.2023
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source

1.3.2023

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

25.2.2023
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type,...

US Banking Regulators Warn Banks About Crypto Liquidity Risks

23.2.2023
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

28.1.2023
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from...

US Regulators and the Fed Jointly Issue Crypto Warnings

5.1.2023
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that...