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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...
Brian Brooks defends fintech charter to House Financial Services Committee
16.4.2021
Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally
Former OCC official says crypto has backing but dollar ‘may not’
26.3.2021
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
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
Crypto custodian Protego gets national charter from the OCC
5.2.2021
Protego joins Anchorage as the first string of digital asset firms to get national trust bank licensing
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
OCC Halts Fair Access Banking Rule
28.1.2021
The rule would have prohibited US banks from denying services based on ideological factors
State of Crypto: Unpacking the Trump Presidency’s Crypto Legacy
26.1.2021
Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime
Senate Confirms Janet Yellen as US Treasury Secretary
25.1.2021
Yellen succeeds Steven Mnuchin in running the U.S. government’s treasury. Here’s what she will oversee in the crypto world
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 Coinbase Exec Might be Replaced With Former Ripple Advisor At OCC
21.1.2021
New American President Joe Biden’s team could comprise a regulator with a taste for crypto. Despite the gloom cast over the crypto world by United States Treasury secretary nominee Janet Yellen’s recent comments concerning her crypto “concerns,” reports are linking a former Ripple advisor to...
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
Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ
21.1.2021
The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency
State of Crypto: What the Crypto World Should Watch for in the Biden Era
19.1.2021
The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding
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...
Blockchain Bites: OCC’s Head Stepping Down, Anchorage to Become First National ‘Digital Asset Bank’
14.1.2021
Brian Brooks finalized the controversial Fair Access to Banking rule in what could be his last act in office