OCC

US Lawmakers Wants To Stop Crypto Companies Access To Banking

Republican members of the House Financial Services Committee in the US are collecting information on potential concerted action against digital…

2 years ago

Paxos’s Application For A New Bank Charter Expired On March 31

Paxos' first application for a new bank charter, submitted in December 2020, expired on March 31.

2 years ago

US Regulators Caution Banks On The Risks Of Crypto Liquidity

Key Points: US regulators have issued a warning to banks regarding the potential liquidity risks associated with cryptocurrencies, particularly in…

2 years ago

US Federal Reserve Warns Banks Of Digital Asset Risks After FTX Collapse

Key Points: The US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency…

2 years ago

Republican Senator Pat Toomey Introduces New Stablecoin Bill

Key Points: After he leaves office in less than two weeks, Sen. Pat Toomey submitted a stablecoin bill that will…

2 years ago

US OCC Warns Of The Dangers Of Cryptocurrencies To Banks

In its Semiannual Risk Perspective for Fall 2022 report, the Office of the Comptroller of the Currency (OCC) warned banks…

2 years ago

Fed Governor Warns Banks Should Be Careful With Crypto

According to Federal Reserve Vice Chair of Supervision Michael Barr, traditional banks are growing their use of distributed ledger technology…

2 years ago

Nexo Acquired A Stake In Summit National Bank

Nexo, a cryptocurrency lender, has acquired a stake in Summit National Bank, a federal bank in the United States overseen…

2 years ago

Fintech And Cryptocurrency Sector Threaten The Banks, According To Former OCC Head

Eugene Ludwig, former United States Comptroller under President Bill Clinton and managing partner at Canapi Ventures, has indicated that the…

2 years ago

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