occ

Anchorage, Nathan McCauley
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
The company must appoint a compliance committee and hire a Bank Secrecy Act officer.
Anchorage, Nathan McCauley

Former Treasury Department official and one-time Ripple Labs adviser Michael Barr has been named as President Joe Biden's latest pick as Federal Reserve vice chairman for supervision. (Andrew Harrer/Bloomberg via Getty Images)
Biden Nominates Former Ripple Adviser Barr as Top US Fed Regulator
Obama-era Treasury veteran Michael Barr must still win a difficult Senate confirmation.
Former Treasury Department official and one-time Ripple Labs adviser Michael Barr has been named as President Joe Biden's latest pick as Federal Reserve vice chairman for supervision. (Andrew Harrer/Bloomberg via Getty Images)

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)
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)

Coindesk placeholder image
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."
Coindesk placeholder image

Coindesk placeholder image
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.
Coindesk placeholder image

(Andrew Harrer/Bloomberg via Getty Images)
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.
(Andrew Harrer/Bloomberg via Getty Images)

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)
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)

Saule Omarova (Anna Moneymaker/Getty Images)
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)

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)
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)

Crypto-banking regulations may be coming faster than expected. (CoinDesk)
Morgan Stanley Sees Crypto-Banking Regulation Arriving Faster Than Expected
The bank’s analysts say this is positive for crypto banks Silvergate and Signature.
Crypto-banking regulations may be coming faster than expected. (CoinDesk)