OCC
OCC stands for The Office of the Comptroller of the Currency which is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.
Elizabeth Warren Targets OCC's Crypto Trust Charter Approvals
Senator Warren accuses the OCC of violating banking laws with crypto trust charter approvals, citing risks to consumers and the banking system.
Augustus Wins OCC Approval to Build AI-Powered Stablecoin Bank
Augustus Bank secures OCC conditional approval to create a U.S. national bank leveraging AI and stablecoins for real-time clearing.
Kraken Parent Payward Files for OCC Charter to Enable Banking Services
Kraken's parent company Payward applies for an OCC charter, aiming to establish a national trust company for regulated digital asset custody.
Circle Comments on OCC's GENIUS Act Stablecoin Rules
Circle weighs in on the OCC's proposed GENIUS Act rules, pushing for strong U.S. standards to guide global stablecoin adoption.
OCC Issues Update to Organize a Virtual Innovation Office Hours
The US OCC has created virtual office hours to discuss fintech and possibly crypto-related innovations
Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries
Michael J. Hsu, the Acting Comptroller of the Office of the Comptroller of the Currency (OCC) has advocated that regulators should collaborate with major crypto intermediaries in order to get a grasp of how the ecosystem functions.
Voyager Digital Taps Former OCC Boss Brian Brooks as Director
Cryptocurrency platform Voyager Digital has tapped the services of Brian Brooks, the current Chief Executive Officer of Bitfury as one of its non-Executive Directors.
Biden To Name Crypto Critic Saule Omarova To Lead OCC
US President Joe Biden plans to nominate Saule Omarova to run the Comptroller of the Currency (OCC) Office. Omarova, a professor at Cornell University Law School, is known for her critical view of cryptocurrency and the financial sector.
Federally Chartered US Bank, Vast Bank Now Offers Crypto to its Customers
Vast Bank, a Federally Chartered Bank in the US now has permission to offer crypto buying and selling to customers.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
Protego Becomes the Second Federally Chartered Crypto Bank in United States
Protego, Washington state-chartered trust firm, has received a conditional approval from the OCC to become the second nationally chartered crypto bank in the U.S.
SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip
Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.
Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins
A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.
OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments
According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.
OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap
Brian Brooks, the acting Comptroller of the Currency, has a big crypto proposal to close the wealth gap between developing and developed nations - it's called “country coin.”