OCC


Politiche

Top US Bank Watchdog Warns of Stablecoins' 'Lack of Interoperability'

The OCC's acting chief argues the variation across tokens could create walled gardens.

OCC's acting chief, Michael Hsu, is wary of a lack of 'interoperability' in stablecoins as he considers oversight. (Al Drago/Bloomberg via Getty Images)

Politiche

Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives

OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."

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Finanza

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.

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Mercati

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 (Andrew Harrer/Bloomberg via Getty Images)

Politiche

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.

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)

Politiche

OCC Nominee Omarova Withdraws From Bank Regulator Consideration

Saule Omarova’s nomination was met with hostility from the traditional banking sector.

Saule Omarova (Anna Moneymaker/Getty Images)

Video

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.

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Politiche

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.

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)

Politiche

Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected

The bank’s analysts say this is positive for crypto banks Silvergate and Signature.

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Video

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).

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