OCC

OCC

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

Markets

Blockchain Bites: OCC's Crypto Letter, Eth 2.0's 'Official' Testnet and Dinwiddie's Tokenized Airball

Visa said crypto is part of "the future of money," members of the U.S. Senate think the dollar should go digital and OCC will allow banks to custody crypto.

1908 photograph of a vault door

Markets

Don't Expect Banks to Jump on the OCC Crypto Custody News

The OCC's ruling means nationally chartered banks can now custody crypto. But, given relatively low level of institutional interest, don't count on services appearing soon.

wallst

Policy

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.

Bank vault (State Library of New South Wales, modified by CoinDesk using PhotoMosh)