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PortuguêsThe head of the U.S. Office of the Comptroller of the Currency (OCC) Brian P. Brooks has officially announced that he is stepping down on January 14, 2021. In a…
Continue ReadingBrian Brooks, who was named the temporary head of the Office of the Comptroller of the Currency (OCC) last summer, made the announcement official a day after he was rumored…
Continue Reading“Everything is at risk” if financial technology is politicized, said Acting Comptroller of the Currency Brian Brooks. Speaking at a public event hosted by blockchain analysis firm Elliptic on Wednesday,…
Continue ReadingCrypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national “digital asset…
Continue ReadingOver the last 12 years, $1 trillion of value has appreciated into existence. It may be a little more or a little less tomorrow, give a few $100 billion. It…
Continue ReadingThe acting head of the U.S. federal banking regulator is reportedly stepping down this week. Brian Brooks, who is currently leading the U.S. Office of the Comptroller of the Currency…
Continue ReadingOne of the fun things about jigsaw puzzles, for those of you that haven’t tried them, is the satisfying snap of pieces fitting together to reveal part of a picture.…
Continue ReadingBrian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned against the Consumer Financial Protection Bureau…
Continue ReadingA new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure. This…
Continue ReadingThe top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this…
Continue ReadingCryptocurrency prices jumped Monday evening after the U.S. Office of the Comptroller of the Currency (OCC) issued a letter approving U.S. banks to use public blockchain networks. Ether jumped nearly…
Continue ReadingFederally regulated banks can use stablecoins to conduct payments and other activities, the Office of the Comptroller of the Currency (OCC) said Monday. The federal banking regulator published an interpretive…
Continue ReadingThe top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets…
Continue ReadingThe chief economist of the Office of the Comptroller of the Currency (OCC), a banking regulator within the U.S. Treasury, believes issuing national bank charters to “fintech shadow banks” could…
Continue ReadingStablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. The bank would operate out of New York (where Paxos is already located),…
Continue ReadingCrypto payments firm BitPay has filed to become a national bank in the U.S. According to a Dec. 8 legal notice published by the Atlanta Journal-Constitution, BitPay has applied to…
Continue ReadingBig U.S. banks have long refused to lend to coal miners that use a mountaintop removal technique. Wells Fargo says it prohibits such lending because it recognizes the “elevated community…
Continue ReadingThe top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for…
Continue ReadingAsset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The…
Continue ReadingU.S. Representative Maxine Waters, who chairs the powerful House Financial Services Committee, recommended that President-elect Joe Biden rescind or monitor all of the cryptocurrency-related guidance issued by the Office of…
Continue ReadingActing Comptroller of the Currency Brian Brooks predicted a lineup of cryptocurrency banking and clarification actions will emerge from the Trump Administration during its final days. The chief national banking…
Continue ReadingThe OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to…
Continue ReadingSince being named Acting Comptroller by Treasury Secretary Steven Mnuchin, Brooks has made a number of moves to integrate crypto with the historically gun-shy banking sector. In July, his office…
Continue ReadingSeveral U.S. lawmakers are displeased by the Office of the Comptroller of the Currency and its focus on crypto and fintech during a pandemic-caused recession. Six members of Congress faulted…
Continue ReadingU.S. banks are looking at ways to handle crypto adoption in the wake of the Office of the Comptroller of the Currency’s (OCC) July decision to allow banks to provide custody…
Continue ReadingThe 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…
Continue ReadingThe 2020 U.S. presidential election will shape crypto policy for the next four years – even if no one’s actually pitching crypto-specific positions. While presidential candidates aren’t campaigning on their…
Continue ReadingEarlier this week stablecoin issuers received a reassuring message from some of the top U.S. financial regulators: parking your fiat reserves in banks is a-okay. On Monday, the Comptroller of…
Continue ReadingThe U.S. Office of the Comptroller of the Currency (OCC) has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S. The Office of…
Continue ReadingWhen a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingA federal banking regulator’s decision to let banks provide crypto custody services may have seemed out of the blue, but the agency has been looking at cryptocurrencies for years. The…
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