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Nalezeno "OCC": 96

Acting OCC comptroller calls for standards on stablecoins

27.4.2022
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins

Law Decoded: Competing narratives around crypto clash on the Earth Day, April 19-26

25.4.2022
The future of crypto adoption will largely depend on which of the competing narratives about digital assets and blockchain’s environmental effects prevails

Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...

Senator pressures OCC nominee over missing Marxism thesis from Moscow Uni

7.10.2021
“I don’t think I’ve ever seen a more radical choice for any regulatory spot in our federal government,” said Senator Pat Toomey

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

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...

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

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...