2022-10-14 22:08 |
Michael Hsu, acting comptroller of the currency (OCC), joined “First Mover” to discuss why crypto companies need to decide their area of focus in order for clear regulation guidelines to be established.
Similar to Notcoin - Blum - Airdrops In 2024
|
Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC).
2022-9-27 16:26 | |
|
|
Michael Hsu, the acting head of the Office of the Comptroller of the Currency (OCC) said during a Banking Policy conference that regulated banks should maintain a “careful and cautious” approach to crypto to prevent contagion that would undermine the United States economy.
2022-9-8 01:19 | |
|
|
Barr, a former Ripple Labs adviser, has taken a rather less favorable view of crypto than he apparently had in the private sector, as he gives his first speech as a Fed official.
2022-9-8 00:34 | |
|
|
The Office of the Comptroller of the Currency (OCC), an independent bureau of the US Department of the Treasury, issued interpretive letters in 2020 and 2021 on banks’ activities in the crypto industry.
2022-8-15 22:49 | |
|
|
Warren’s letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”
2022-8-5 13:31 | |
|
|
Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets.
2022-6-24 22:30 | |
|
|
Michael Hsu, who runs the U.S. Office of the Comptroller of the Currency, said the recent fiery collapse of TerraUSD (UST) and the wider drama that came with it should serve as a “wake-up call” to the industry, which he argued has grown too fast.
2022-5-25 00:15 | |
|
|
Circle Internet Financial Limited has revealed that they are close to putting in an application for a crypto bank charter with the Office of the Comptroller of the Currency (OCC). It is a move the USDC issuer believes would be instrumental going forward, considering prevalent regulatory concerns.
2022-4-18 14:26 | |
|
|
Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks and other disruptive events.
2022-1-18 11:41 | |
|
|
Federally Insured Credit Unions (FICU) can now partner with third-party digital asset service providers, said Todd Harper, Chairman of the National Credit Union Administration (NCUA), this week. As a counterpart to the Office of the Comptroller of the Currency (OCC), which regulates national banks, NCUA oversees credit unions.
2021-12-17 16:54 | |
|
|
The US Office of the Comptroller of the Currency (OCC), recently issued Interpretive Letter 1179 that revises previously released guidelines for banks engaging in certain cryptocurrency related activities.
2021-11-25 00:00 | |
|
|
The OCC wants better risk management measures in place before banks can deal with the crypto and digital asset class. The post OCC Wants Strong Measures Before Banks Deal with Crypto Assets appeared first on BeInCrypto.
2021-11-24 15:02 | |
|
|
Meanwhile, Binance CEO CZ says as much as 97% of its users go through KYC and that regions like Singapore, France, and Dubai “understand the importance of attracting crypto businesses.” The post Banking Watchdog Warns of Highly Cautious Approach to Crypto from OCC, Fed, and FDIC first appeared on BitcoinExchangeGuide.
2021-11-18 17:13 | |
|
|
The Federal Deposit Insurance Corporation has its eyes set on cryptocurrencies. A team of U. S. bank regulators will be teaming with other agencies to coordinate policies for how and under what circumstances banks can engage in activities involving crypto.
2021-10-27 16:02 | |
|
|
President Joe Biden has nominated Saule Omarova to lead the Office of the Comptroller of the Currency (OCC). The post Biden Nominates Crypto Skeptic Saule Omarova to Lead OCC appeared first on BeInCrypto.
2021-9-29 22:00 | |
|
|
Texas Senator Ted Cruz is among a number of politicians and bankers who are opposed to the nomination of Saule Omarova.
2021-9-29 08:06 | |
|
|
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.
2021-9-24 07:04 | |
|
|
US President Joe Biden is reportedly considering nominating a crypto critic as the head of the Office of the Comptroller of Currency (OCC). Saule To Put Crypto And Big Bank To The Sword Currently headed by Michael Hsu, on an interim basis, the OCC is the regulatory body responsible for supervising the bank sector in […] The post The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position first appeared on BitcoinExchangeGuide.
2021-9-24 18:18 | |
|
|
The regulatory situation in the US is already not looking too good as it is, and it seems that further moves of the Biden administration might further discourage hopes of any positive crypto regulations.
2021-9-24 15:37 | |
|
|
The acting chief of the U.S. OCC is not a big fan of cryptocurrencies or DeFi. At least, not yet. DeFi is Fool’s Gold, OCC Chief Says While the global crypto markets continue to witness a significant correction from the latest local highs, the regulators around the world don’t seem to be holding back fromRead More
2021-9-23 19:00 | |
|
|
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system.
2021-9-17 15:39 | |
|
|
Acting OCC head, Michael Hsu, wants greater inter-agency cooperation in establishing regulatory guidelines for the crypto sector.
2021-5-31 09:29 | |
|
|
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 together views on” crypto regulation. US Agencies Collaborating […]
2021-5-26 17:00 | |
|
|
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.
2021-5-22 11:30 | |
|
|
Joint Task Force On Crypto According to the Treasury Secretary Janet Yellen appointee, a combination of the OCC, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) may soon end cryptocurrencies' regulatory uncertainty.
2021-5-20 19:10 | |
|
|
Former Acting principal of the Office of the Comptroller of the Currency (OCC) Brian Brooks may have given cryptocurrencies a pass in Washington, but this may be short-lived if anything is to come out of recent inquiries by the new head of the agency.
2021-5-19 17:34 | |
|
|
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 the firm’s future banking plans. Paxos Granted Preliminary […]
2021-4-25 00:30 | |
|
|
Paxos is the latest company to obtain preliminary conditional approval from the U. S. Office of the Comptroller of the Currency (OCC) to establish a de novo National Trust Bank. This is the third such charter issued by the OCC, the top banking regulator, to a crypto native company.
2021-4-24 18:00 | |
|
|
Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally.
2021-4-17 08:06 | |
|
|
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
2021-3-27 17:03 | |
|
|
The first and only Washington-chartered digital assets company Protego Trust Bank will become the second digital asset bank in the US to receive conditional approval from the Office of the Comptroller of the Currency (OCC) to custody digital assets for institutional clients.
2021-2-6 14:09 | |
|
|
Protego joins Anchorage as the first string of digital asset firms to get national trust bank licensing.
2021-2-6 19:25 | |
|
|
On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank.
2021-1-27 12:00 | |
|
|
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 Comptroller (OCC.
2021-1-22 03:30 | |
|
|
While the OCC's new stablecoin guidance doesn't have an impact on JPM Coin, it could lead to crypto payments if there's demand
2021-1-17 22:10 | |
|
|
Head of the OCC, Brian Brooks, has resigned several months after several US Congressmen criticized him for a too heavy and "inappropriate" focus on crypto regulation
2021-1-16 15:03 | |
|
|
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.
2021-1-15 09:30 | |
|
|
Crypto custody and financial services firm Anchorage has received a conditional trust charter from the OCC. Anchorage, a crypto custody and financial services provider, is the first crypto native company to secure a bank charter.
2021-1-15 22:22 | |
|
|
The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. This news was shared on January 13 through a press release, noting that the OCC made this decision after a thorough review of Anchorage Trust Company and its operations.
2021-1-15 21:16 | |
|
|
Continue reading at Coinspeaker
2021-1-14 15:15 | |
|
|
With Acting Comptroller Brooks on his way out the door, the OCC has given its first digital bank charter.
2021-1-14 22:47 | |
|
|
The crypto community is excited and bullish on the forward-thinking leadership from the OCC. But it will take time to really come into action. The post US Banking Regulator Gets Ready for DeFi, But the Roller Coaster Continues with Acting OCC Facing Exit first appeared on BitcoinExchangeGuide.
2021-1-13 16:25 | |
|
|
According to Wall Street veteran, Caitlin Long, the ruling from the Office of Comptroller of Currency (OCC), which was released in a letter last week, gives large banks an unfair advantage over crypto startups.
2021-1-12 20:00 | |
|
|
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
2021-1-11 01:32 | |
|
|
The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and stablecoins, even in the future.
2021-1-7 21:00 | |
|
|
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.
2020-12-20 21:53 | |
|
|
With Janet Yellen the presumptive Treasury Secretary, Biden's potential nominations to the U.S. regulatory apparatus will be critical.
2020-12-18 00:57 | |
|
|
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead.
2020-12-10 23:56 | |
|
|
One of the biggest and oldest bitcoin crypto payment processor has applied with the Office of the Comptroller of the Currency (OCC), to become a bank. It will be named...
2020-12-10 22:14 | |
|
|
|
Аналог Notcoin - Blum - Играй и зарабатывай Монеты
|
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.