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Acting OCC chief says tokenization holds immense promise, but crypto still risky
The acting chief of the U. S. Office of the Comptroller of the Currency (OCC), Michael Hsu, said he is optimistic about the transformative potential of tokenization but continues to be wary of the crypto due to high levels of risk. дальше »
2023-11-8 22:40 | |
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U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency. дальше »
2023-11-8 19:53 | |
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U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement. дальше »
2023-6-17 18:54 | |
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FTX episode illustrates need for 'Home' regulator: Top U.S Banking official
FTX illustrates need for a "unified home country supervisor," according to acting comptroller Michael Hsu Hsu shared "important lessons for crypto" in his address on preserving public trust in The post FTX episode illustrates need for 'Home' regulator: Top U.S Banking official appeared first on AMBCrypto. дальше »
2023-3-7 13:00 | |
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U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight
As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), in a speech Monday. дальше »
2023-3-7 23:10 | |
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US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acting chief of the Office of the Comptroller of the Currency (OCC). дальше »
2022-12-9 21:00 | |
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OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
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. дальше »
2022-10-14 22:08 | |
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Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away
The acting U.S. official added nuance to his well-known skepticism about the crypto industry but warns against accommodation, in speeches on risk and regulation. дальше »
2022-10-13 00:15 | |
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US banks must maintain cautious approach to crypto, says acting OCC head
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. дальше »
2022-9-8 01:19 | |
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US Democratic Senators Want Crypto Guidance Revoked
In an open letter dated August 10, three Democratic Senators led by Sen. Elizabeth Warren from Massachusetts asked the acting Comptroller, Michael Hsu of the Currency, to revoke guidance allowing National banks to engage in cryptocurrency activities. дальше »
2022-8-12 23:30 | |
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Decentralized ID: How to Comply with Regulations in DeFi
Web3-powered decentralized identity solutions allow users to have better authority over their personal data, says Raymond Hsu, CEO and co-founder of Cabital. The post <strong>Decentralized ID: How to Comply with Regulations in DeFi</strong> appeared first on BeInCrypto. дальше »
2022-7-13 05:07 | |
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US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
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. дальше »
2022-6-24 22:30 | |
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OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
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. дальше »
2022-5-25 00:15 | |
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ALEX - Next gen DeFi on Bitcoin via Stacks
Chiente Hsu is the ex-Managing Director and Global Head of Quantitative Investment Strategy and Research at Morgan Stanley. She is the founder of ALEX, an open-source DeFi development company built on the Stacks Blockchain. дальше »
2022-5-13 03:00 | |
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Stablecoins Need to Set a Common Standard, Says US Banking Watchdog
Stablecoins should have the same kind of standard-setting initiative previously seen in setting up common web practices in the early days of the internet, said Acting U.S. Comptroller of the Currency Michael Hsu. дальше »
2022-4-27 17:44 | |
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Top US Bank Watchdog Warns of Stablecoins' 'Lack of Interoperability'
Acting Comptroller of the Currency Michael Hsu said he's concerned about the variability and lack of interoperability across stablecoins as his agency and other U.S. regulators try to come to terms with oversight. дальше »
2022-4-8 18:29 | |
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OCC Comptroller calls for federal collaboration with crypto intermediaries
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. дальше »
2022-1-18 11:41 | |
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Acting CoC Hsu: More crypto regulation is needed
The regulator singled out Binance and Tether as allegedly risky players in the blockchain space.
дальше »2021-11-7 00:15 | |
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Acting OCC head warns that ‘fools gold’ in DeFi reminds him of lead-up to GFC
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. дальше »
2021-9-24 07:04 | |
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The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position
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. дальше »
2021-9-24 18:18 | |
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OCC head requests greater collaboration of regulatory bodies
Michael Hsu, the Acting Comptroller of the Currency, recently said that the US regulatory agencies have to collaborate more in order to regulate the cryptocurrency industry. Essentially, the Comptroller requested that regulatory bodies create a ‘regulatory perimeter’ for cryptos and digital assets. дальше »
2021-5-31 14:13 | |
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Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership
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 entities” during the review. дальше »
2021-5-20 18:03 | |
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New OCC Head Michael Hsu to Review Former Comptroller Brian Brooks Crypto Guidance
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. дальше »
2021-5-19 17:34 | |
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Around The Block With Jeff And Dave – July 1, 2019 Facebook Libra and Calibra, Metlife Using Ethereum, Bitcoin (BTC) at 11,000?, Kevin Hsu of BlockVC Interview, and More!
In this episode, we do a deep technical dive into Facebook Libra and ask, is it trustworthy? Will it be valuable or even viable? Or will it crash and burn? In other news, Metlife is adopting Ethereum, but what will this mean for the future of the project? Bitcoin is the eighth largest currency inRead MoreRead More. дальше »
2019-7-2 18:23 | |
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Taiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto FirmsTaiwanese Lawmaker Urges the Government to Create a New Business Category for Crypto Firms
According to October 29, 2018, report published by Technodes, Taiwanese lawmaker Jason Hsu has asked Taiwan’s Ministry of Economic Affairs to create a new business category and legal framework for security tokens. дальше »
2018-11-1 12:00 | |
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Crypto Congressman Lawmaker Attempts to Modernize Crypto and Blockchain Regulation
The Taiwanese legislator known as Jason Hsu, decided to publish a new list of policy recommendations in order to help categorize cryptocurrency startups. The intention is to modernize the regulation around virtual currencies and blockchain technology. дальше »
2018-10-30 23:19 | |
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Taiwanese legislator proposes to create a new business category for crypto startups
On October 26, Taiwanese legislator Jason Hsu published a list of policy recommendations aimed at aiding cryptocurrency startups, including one that would see the Ministry of Economic Affairs (MOEA) create a new business category, as well as a new legal framework for security tokens. дальше »
2018-10-29 09:54 | |
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Asia Sees 50% Uptick in Blockchain, Cryptocurrency Jobs
Despite market struggles, cryptocurrency and blockchain are in full swing across Asia, and companies looking to hire certainly have no shortage of prospective candidates. Asia: Cryptocurrency Landscape Taking Shape The number of blockchain and crypto-related startups has rapidly increased in Asia over the last few years. дальше »
2018-9-1 10:00 | |
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Navigating Cryptocurrency Exchanges: Experts Weigh In
Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies. дальше »
2018-9-1 21:31 | |
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‘Crypto Congressman’ Trying to Turn Taiwan into a Technological Powerhouse
Taiwanese Congressman Jason Hsu is on a mission to turn the island nation into a hub for blockchain tech and cryptocurrency. Jason Hsu, the man dubbed the ‘Crypto Congressman’ by Ethereum founder Vitalik Buterin, is on a mission to turn Taiwan into a technological powerhouse, specifically in the fields of virtual currency and blockchain. дальше »
2018-8-31 10:00 | |
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