OCC


Finance

Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter

If granted, the charter would replace the blockchain-based lender's hodgepodge of state licenses with a single nationwide regulator.

Figure Markets CEO Mike Cagney (Figure)

Markets

US Banks May Seek to Partner With or Buy Crypto Custodians, OCC's Brooks Says

The OCC's July ruling that allowed banks to provide custody spurred the newfound interest, Brooks said.

Brian Brooks

Markets

SoFi Receives Conditional US Regulatory Approval to Establish National Bank

The approval, if made final, opens the door for the new bank to custody cryptocurrencies.

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Policy

OCC's First Issued Guidance for Stablecoins Brings More Questions

For some, the OCC's recent stablecoin guidance, while helpful, raises as many issues as it clarifies.

markus-winkler-kXjBMw_wHx8-unsplash

Policy

SEC, OCC Issue First Regulatory Clarifications for Stablecoins

The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.

OCC

Markets

Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking

U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation.

Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)

Markets

US Regulator to Shake Up Banking With Federal Charters for Payment Firms

Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines.

Acting Comptroller of Currency Brian Brooks

Policy

The OCC's Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

A sign outside the OCC office (CoinDesk)

Policy

Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services

Nationally regulated banks want the OCC to clarify just how and when they can provide cryptocurrency services, hinting traditional financial institutions are paying close attention to the space.

National banks are looking for more clarity around crypto, they told a federal regulator last week. (Steven Bornholtz/Wikimedia Commons, modified with PhotoMosh)

Policy

Banks Won't Rush to Hold Crypto – But OCC's Regulatory Approval Makes It Harder to Ignore

Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.

OCC