2020-11-12 20:12 |
Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.
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The Acting Comptroller of the Currency presented the growing role of crypto in general and stablecoins in particular to the Senate today.
2020-11-11 00:30 | |
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The OCC's July ruling that allowed banks to provide custody spurred the newfound interest, Brooks said.
2020-11-1 20:54 | |
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Brian Brooks, the acting US Comptroller of the Currency, recently made a massive crack in the US’ anti-crypto armor by allowing banks to offer crypto custody. Now, the Comptroller made another major announcement, noting that national banks and federal savings associations can hold reserve funds for stablecoin issuers.
2020-9-22 13:30 | |
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The news that U.S. Banks are now allowed to hold cryptocurrency has caused a ‘ripple effect’ in the industry. Announced by the Office of the Comptroller of the Currency (OCC), headed by former Coinbase executive Brian Brooks, the news marks a new development in the industry, where crypto custody was once towered by the likes […]
2020-7-24 21:53 | |
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“My job here is not to protect incumbents,” says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
2020-6-10 20:00 | |
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Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals.
2020-5-12 20:00 | |
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Brian Brooks, the chief legal officer of Coinbase, has left the crypto exchange in order take the second senior role with the US Office of the Comptroller of the Currency (OCC). The announcement was made by the OCC on Monday.
2020-3-17 23:41 | |
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HSBC Holdings launches a new digital asset custody business in partnership with specialist custodian Metaco. The post HSBC Expands Promising Digital Asset Custody Industry in Asia appeared first on BeInCrypto.
With the right diligence, digital asset custody can offer more safety, transparency, and cost efficiency than traditional models.
The crypto-custody firm claims that it was the client’s responsibility to back up the private keys.
Goldman, JPMorgan and Citi are all said to be looking at crypto custody.
The crypto industry has its first federally chartered bank: Anchorage.
The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.
Banks joined the crypto conversation as bitcoin marched to $20,000. Here's a list of recent crypto developments in the banking sector.