Banking
Five Crypto Firms Win Initial Approvals as Trust Banks, Including Ripple, Circle, BitGo
The firms have obtained conditional approval from the Office of the Comptroller of the Currency to convert into national trust banks.
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
The Office of the Comptroller of the Currency probed debanking of certain industries, including digital assets, and said it'll pursue any repeat of such activity.
U.S. Regulator Pushes Back on Banks Fighting Crypto's Pursuit of Trust Charters
Comptroller of the Currency Jonathan Gould spoke at an industry event in Washington, arguing that the OCC won't resist crypto because of banker complaints.
Trump Makes Travis Hill Pick Official as Choice to Run FDIC
Travis Hill has already been leading the FDIC, but President Donald Trump's nomination puts him up for the banking regulator's chairmanship.
Top U.S. Banking Regulator Gould Says Crypto Debanking 'Is Real'
Jonathan Gould, chief of the Office of the Comptroller of the Currency, said his agency is trying to halt debanking while also writing stablecoin regulations.
U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority
Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.
Banks Must Adopt Crypto or 'Be Extinct in 10 Years,' Eric Trump Says
The son of U.S. President Donald Trump said the current financial system is broken and blockchain technology is the fix.
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.
Fintech and Crypto Firms Seek Bank Charters Under Trump Administration: Reuters
Financial technology and crypto firms are increasingly applying for state or national bank charters, despite the community’s historical resistance to centralized banking.
ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back
The MetaMask creator survived by having redundant backup accounts, said Lubin, who was also personally targeted.
