US Treasury Secretary Janet Yellen is expected to appoint Michael Hsu, a senior Federal Reserve Official, to serve as head of the Office of the Comptroller of the Currency (OCC).Read more
Binance.US officially announced the hiring of a former Coinbase executive to become their new CEO. Brian Brooks has also served as the acting head of the Office of the Comptroller of the Currency (OCC).Read more
XRP finally looks to be recovering after a rough few weeks. The token managed to outperform Bitcoin on Thursday as it climbed nearly 6%.
XRP has had it’s back against the ropes for much of 2021. However, things are finally starting to look up for the fifth-ranked project by market capitalization.Read more
In an op-ed published in the Financial Times, the US Comptroller of the Currency says he’s an “optimist” when it comes to DeFi banks. However, he says that legislators are not ready to give a bank charter to algorithms.
When the U.S.Read more
The Office of the Comptroller of the Currency (OCC) has announced that it will allow US banks to use public blockchains and stablecoins as a settlement infrastructure in the country’s financial system.
The OCC, which is part of the U.S.
Brian Brooks, acting head of the US Office of the Comptroller of the Currency (OCC) says regulators are not out to “kill” Bitcoin (BTC).
Brooks’s comments come amid speculation of strict crypto-related regulations pertaining particularly to self-hosted wallets.Read more
Republican Senator Mike Crapo sent a letter to the Office of the Comptroller of the Currency (OCC) on Tuesday 1 September requesting further clarity on the use of crypto in banking transactions.Read more
In another plus for institutional cryptocurrency adoption in the United States, Gemini is offering crypto custody and trading services to registered investment advisors (RIAs).Read more