
OCC Chief Says Stablecoins Need Common Standard
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...
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...
The US Office of the Comptroller of the Currency (OCC) has found some lapses with the know-your-customer (KYC) and anti-money laundering (AML) provisions of Anchorage Digital Bank, which was grante...
Circle Internet Financial Limited has said it is looking to apply for a U.S. bank charter soon, according to a Bloomberg News report....
Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with the knowledge and care of a seasoned team of blockchain entrepreneurs and professionals. Occam.Fi is a Cardano ecosystem-specific suite of decentralized finance solutions. It offers critical DeFi infrastructure such as DEX tools, liquidity pools, and launchpad capabilities. Occam's...
Few product announcements have stirred such activities among governments around the world as the then Facebook’s, now Meta’s, announcement of the then Libra, now the dead Diem, announcement. The prospects of having a private company with billions of users issue money was just too much for legislators. All of the sudden, everyone was planning a so-called...
Acting comptroller of the Office of the Comptroller of the Currency (OCC), Michael Hsu has revealed that regulating stablecoin issuers like banks, could help innovations thrive in the crypto industry....
The Office of the Comptroller of the Currency (OCC) has today published a clarifying letter to banks and federal savings associations. As stated in the letter, these concerned parties must demonstrate that they have absolute controls before engaging in any crypto-based activities. Regulatory Clarity For Banks Speaking about the regulatory clarity, the Acting Comptroller of The post OCC Issues Regulatory Clarity For Banks,...
The acting chief of the United States Office of the Comptroller of the Currency OCC, Michael Hsu, has expressed his hopes of bridging the gaps that currently exist in the supervision of crypto firms. Crypto Firms Escaping Regulation, Says OCC Acting Chief In his commentaries before the Federal Reserve Bank of Philadelphia on Tuesday, Hsu The post Crypto Firms Need More Consolidated Supervision...
If crypto becomes "too big," Michael Hsu says that it will be much "harder" to establish regulations.
House Representative Tom Emmer, of Minnesota, is one of the most active voice for crypto and blockchain in the US government. In this episode, he discusses: what book made Tom fall down the crypto rabbit hole why Tom believes the Financial...
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The rule would have prohibited US banks from denying services based on ideological factors.
Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime.
Yellen succeeds Steven Mnuchin in running the U.S. government’s treasury. Here’s what she will oversee in the crypto world.
According to a report by The Wall Street Journal, President Joe Biden is set to nominate Michael Barr as the head of the Office of the Comptroller of the Currency (OCC). Biden Administration May Tap Ex-Ripple Advisor for OCC Barr served as the Assistant...
The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency.