2023-3-31 00:45 |
The OCC is replacing its Office of Innovation with a new body that will help it stay on top of fintech developments and emerging risks.
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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.
2023-3-7 23:10 | |
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The US Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banks about the risks involved with crypto in a joint statement on January 3.
2023-1-4 04:00 | |
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The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.
2022-12-10 08:23 | |
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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).
2022-12-9 21:00 | |
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The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023.
2022-11-7 00:15 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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The acting chief of the Office of the Comptroller of the Currency has claimed that stablecoins should be given a common standard similar to the way that certain web practice...
2022-4-28 00:34 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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Leading cryptocurrency exchange Binance has hired Brian Brooks, former acting head of Office of the Comptroller of the Currency (OCC), as the new chief executive officer of Binance. US, the US affiliate of Binance Holdings.
2021-4-21 18:06 | |
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In an interview on CNBC’s Squawk Box, former head of the Office of the Comptroller of the Currency, Brian Brooks, spoke about the regulatory hurdles for Bitcoin. Referring to a recent speech given by the chairman of the U.
2021-3-28 22:00 | |
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The Former OCC head joins Spring Labs Inc. in an advisory and executive role months after leaving public office. The post Former Acting Head of the OCC, Brian Brooks, Joins Blockchain Start Up, Spring Labs first appeared on BitcoinExchangeGuide.
2021-3-17 22:02 | |
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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 | |
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The Office of the Comptroller of the Currency has suspended the previous administration’s financial inclusion rule which seeks to protect firms from being deplatformed by banks. The post New Comptroller of the Currency (OCC) Suspends Brian Brooks’ ‘Fair Access’ Banking Rule first appeared on BitcoinExchangeGuide.
2021-1-30 18:22 | |
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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 | |
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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 | |
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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 | |
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United States Office of the Comptroller of the Currency (OCC) announced on 14 January that the federal agency’s Acting Controller Brian Brooks will step down, and that Blake Paulson will become the The post Bitcoin friendly Brian Brooks to step down as Acting Comptroller of US OCC appeared first on AMBCrypto.
2021-1-15 01:30 | |
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Brian Brooks finalized the controversial Fair Access to Banking rule in what could be his last act in office.
2021-1-14 21:21 | |
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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 | |
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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 | |
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Last July, the Office of the Comptroller of Currency (OCC) made a landmark decision allowing financial institutions to custody digital assets for customers and provide banking services for digital asset oriented businesses.
2021-1-9 21:46 | |
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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 | |
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The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs).
2021-1-5 14:42 | |
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The Office of the Comptroller of the Currency has announced that U.S. national banks can participate in node verification networks and use stablecoins to conduct payment activities
2021-1-6 14:01 | |
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The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.Read More
2021-1-6 11:00 | |
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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 | |
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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 | |
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The Acting Head of US Office of the Comptroller of the Currency (OCC), Brian Brooks, said regulators were “very focused” on “not killing” Bitcoin. The comment comes amid speculation about a poThe post Nobody is going to ban Bitcoin says OCC’s Brian Brooks appeared first on AMBCrypto.
2020-12-4 20:37 | |
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The Office of the Comptroller of the Currency (OCC), the US's national bank regulator, has proposed a rule that would forbid banks from providing their services to legal industries, including cryptocurrency companies.
2020-11-22 20:00 | |
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President Trump has made several nominations, amongst them being that of the Office of the Comptroller of Currency (OCC), where former Coinbase Chief Legal Officer Brian Brooks is currently at the helm acting capacity.
2020-11-19 19:30 | |
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Anchorage has applied for a national bank charter from the United States Office of the Comptroller of the Currency (OCC). If all goes as planned, the license will make it possible for Anchorage to function as a qualified bank and operate in all jurisdictions in the country, according to reports on November 17, 2020.
2020-11-19 16:00 | |
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On Tuesday, the acting Office of the Comptroller of the Currency (OCC), Brian Brooks, testified before the Senate bringing forward several proposals on the cryptocurrency and the digital assets market.
2020-11-12 18:33 | |
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The Office of the Comptroller of Currency’s (OCC) letter from July 2020 gives the green light to financial institutions to confidently develop their capabilities for handling digital assets and their associated applications.
2020-11-13 22:55 | |
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The Office of the Comptroller of Currency’s (OCC) letter from July 2020 gives the green light to financial institutions to confidently develop their capabilities for handling digital assets and their associated applications.
2020-11-11 22:55 | |
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The acting director of the U. S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U. S. digital dollar is a terrible one because the government is not good at building things.
2020-11-1 16:30 | |
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The U.S. Securities and Exchange Commission (SEC), and the U.S Office of the Comptroller of the Currency (OCC) have yet again provided clarity on the cryptocurrency and blockchain regulations in a webThe post All stocks may one day be tokenized: SEC Chairman appeared first on AMBCrypto.
2020-10-6 23:30 | |
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The Office of the Comptroller of the Currency (OCC) issued new guidance regarding stablecoins on Monday. “National banks and federal savings associations currently engage in stablecoin-related activities involving billions of dollars each day,” said Acting Comptroller of the Currency Brian P.
2020-9-23 17:06 | |
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Частные криптовалюты провалили тест на фундаментальные финансовые услуги и не задержатся в монетарном пространстве. Такое мнение высказал глава MAS Рави Менон, сообщает Bloomberg. В ходе панельной дискуссии на мероприятии в Гонконге управляющий директор центробанка Сингапура назвал в качестве трех ключевых компонентов будущей денежно-кредитной системы: CBDC; токенизированные банковские обязательства; «хорошо регулируемые» стейблкоины.
Сооснователь и CTO Casa Джеймсон Лопп привел аргументы против теории о том, что биткоин-пионер Хэл Финни был создателем первой криптовалюты Сатоши Накамото. В своем блоге он рассказал о забеге 18 апреля 2009 года в Санта-Барбаре (Калифорния, США).
There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers.
1 июля обанкротившийся криптокредитор Celsius Network планирует продать альткоины на сумму $215 млн, что станет беспрецедентной ликвидацией активов. Пока криптовалютный рынок пытается перевести дыхание, одна известная компания уже готовится к взрыву, который может эхом прокатиться по коридорам цифровой валюты.
The loss occurred while Alameda Research’s liquidators were attempting to close a borrow position on Aave but instead removed the extra collateral used for the position.
Популярный криптовалютный аналитик Тон Вейс считает, что биткоин готовится к росту, поскольку из текущего горизонтального коридора цены BTC может быть выход только вверх. По словам Тона Вейса (Tone Vays), курс первой криптовалюты оттолкнулся от «дна» на уровне $15 700.