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OCC
Protego Trust Beefs Up Board by Adding Brian Brooks and Michael Carpenter
The new appointments deepen the digital bank’s expertise in digital assets, regulatory compliance and bank operations as it hopes to become a federally chartered national bank.
SoFi Can Launch Bank Provided It Doesn't Touch Crypto
The student loan and financial service provider cannot "engage in any crypto-asset activities or services," the Office of the Comptroller of the Currency said.
OCC Chief Hsu Says Regulation Could Boost Stablecoin Innovation
Hsu isn't the first watchdog to call for imposing bank-like regulations on stablecoin issuers.
OCC Nominee Omarova Withdraws From Bank Regulator Consideration
Saule Omarova’s nomination was met with hostility from the traditional banking sector.
OCC Highlights Digital Assets in Risk Report for Banks
The Office of the Comptroller of the Currency (OCC) published its Semiannual Risk Perspective report for fall 2021, outlining what the agency sees as the key and emerging risks for banks. CoinDesk’s Nikhilesh De discusses the implications for crypto regulation.
OCC Highlights Digital Assets in Risk Report for Banks
“The OCC is approaching crypto-related activities ... very carefully,” the OCC’s semiannual risk report says.
Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected
The bank’s analysts say this is positive for crypto banks Silvergate and Signature.
Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden’s OCC Nominee Saule Omarova
CoinDesk’s Nikhilesh De reacts to reports Twitter CEO Jack Dorsey is expected to leave his position as head of Twitter. Separately, according to Axios, five Democratic senators expressed to the White House last week their opposition of Saule Omarova as Head of the Office of the Comptroller of the Currency (OCC).
OCC Wants Banks to Seek Permission Before Offering Crypto Services
The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they do so. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways. Plus, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee, is seeking more information about stablecoins.
OCC Wants Banks to Seek Permission Before Offering Crypto Services
The letter comes as the OCC gears up for further digital asset regulation alongside other bank regulators.
