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Michael Hsu
Is the OCC About to Shake Up Its Digital Asset Guidance?
Acting Comptroller of the Currency Michael Hsu said he and his staff are looking at “everything” in the digital asset guidance issued under his predecessor, Brian Brooks. Andres Ricaurte of Mphasis thinks it’s too late to make any drastic changes, and that regulatory clarity will be beneficial to the crypto industry.
Acting OCC Chief Is Reviewing 'Everything' Around Digital Asset Guidance Issued Last Year
During a press conference, Acting Comptroller of the Currency Michael Hsu said he and his staff are reviewing "everything" related to cryptocurrency guidance issued under the leadership of his predecessor, Brian Brooks. CoinDesk's Nik De joins "First Mover" to break down what we know so far about Hsu's plans for crypto at the OCC.
New OCC Head Doesn't Rule Anything Out in Digital Asset Guidance Review
The Office of the Comptroller of the Currency is reviewing all of the digital asset guidance issued under the leadership of former Acting Comptroller Brian Brooks.
OCC Chief Says US Officials Should Set ‘Regulatory Perimeter’ for Cryptocurrencies
Michael Hsu, the Acting Comptroller of the Currency, reportedly said he would like U.S. officials to work in lockstep to set a “regulatory perimeter” for cryptocurrencies. “The Hash” panel explores the potential outlook for crypto regulation.
OCC Chief Says US Officials Should Set 'Regulatory Perimeter' for Crypto: Report
“It really comes down to coordinating across the agencies,” said the acting comptroller. "There is interest in coordinating a lot more of these things.”
Top Senator Wants OCC to Rethink Bank Charters for Crypto Firms
Senator Sherrod Brown (D-OH) is "concerned" about the banking charters granted to crypto firms Paxos, Anchorage, and Protego and has requested that the new acting OCC chief Michael Hsu reevaluate the issue and decisions by Hsu's predecessor, Brian Brooks. "The Hash" hosts discuss the potential impact for crypto regulation.
Sen. Sherrod Brown Urging the OCC to Reassess Crypto Trust Charters
Ohio Senator Sherrod Brown wrote a letter to Acting Comptroller of the Currency Michael Hsu, urging the OCC to reassess the trust charters granted to three crypto companies: Paxos, Anchorage, and Protego. CoinDesk's Nik De breaks down what we know so far about Brown's letter.
Senate Banking Chairman 'Concerned' by OCC's Crypto Charters
Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.
New Acting OCC Chief Michael Hsu Signals Greater Caution on Crypto
Michael Hsu, the new acting OCC chief, is requesting to review all of the federal bank regulator's pending matters, interpretative letters and guidance, including issues around digital assets and cryptocurrencies. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains what to expect.
New OCC Chief Signals Greater Caution on Crypto
"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.
