Search
Stellar’s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine
6.1.2021
The token is at the highest level since November 2018 in what one observer called a "perfect storm."
States sue the OCC and Brian Brooks for overriding their controls on predatory lending
5.1.2021
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending
Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
5.1.2021
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure
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...
Bitcoin, Ethereum & Stablecoin Tribes Fight Over Benefits Of OCC News
5.1.2021
Following a major announcement by the US Office of the Comptroller of the Currency (OCC), major tribes within the crypto space - be it stablecoins, Bitcoin (BTC), Ethereum (ETH), etc. - started claiming the news is beneficial for them specifically.
On Monday, the OCC published Interpretive Letter...
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
5.1.2021
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
5.1.2021
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday
OCC greenlights national banks to run nodes and stablecoin networks
5.1.2021
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes
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...
A storm is brewing between state regulators and the OCC over fintech licensing
23.12.2020
A major network of state banking regulators is renewing its attack on the OCC's moves to register non-depository institutions
Crypto is at 'a fork in the road,' OCC leader Brooks says
18.12.2020
Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency, said crypto regulation could either focus on safety for participants or could undo all progress
Crypto lobby considers ideal Biden picks for SEC, CFTC, OCC
17.12.2020
With Janet Yellen the presumptive Treasury Secretary, Biden's potential nominations to the U.S. regulatory apparatus will be critical
OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
15.12.2020
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves
Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter
9.12.2020
Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. According to a public document released Wednesday and dated Dec. 8, Paxos is seeking to create the Paxos National Trust, filing an application with the Office of the Comptroller of...
BitPay files with OCC to become national crypto-native trust bank
9.12.2020
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead
Crypto Startup BitPay Files to Become Federally Regulated US Bank
9.12.2020
Crypto payments firm BitPay has filed to become a national bank in the U.S
We Don’t Need the OCC’s ‘Political Discrimination’ Rule
7.12.2020
A proposed OCC rule would stop banks from using political criteria in lending. But we don't need it, says our columnist
Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
6.12.2020
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors...
US Representatives Add Digital Currencies to the 2021 Defense Bill
6.12.2020
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto...
US House Financial Services Chair Waters Recommends Joe Biden Rescind OCC Crypto Guidance
5.12.2020
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC's crypto guidance after he takes office next year