OCC acting chief Michael Hsu acknowledged the positive impacts of tokenizing real-world assets but lamented the significant drop in interest...
The office, first announced in October 2022, builds on and incorporates the Office of Innovation which the regulator established seven...
The two joined the FDIC in issuing a statement saying 2022’s events exposed the vulnerabilities of the sector, urging banks...
The Office of the Comptroller of the Currency wants to develop a new arm to fully grasp the changing finance...
The OCC states that the bank failed to meet Bank Secrecy Act requirements and ordered it to appoint a compliance...
The OCC, the FDIC and the Federal Reserve have said in a joint statement that they’ll focus on a long-term...
The FDIC is working with the Federal Reserve and other agencies on how to regulate the digital currency industry, with...
Anyone who digs and conducts independent research finds that it’s not at all clear why there are thousands of digital...
White House describes Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk...
Three U.S. agencies tasked with regulating digital currency could be about to join forces to form an “interagency sprint team”...
Michael Hsu has requested that staff at the OCC review their approach to digital currency, including updating its charter framework...
Protego Trust Company has received conditional approval from the Office of the Comptroller of the Currency to become a federally...