OCC
OCC Chief Hsu on US Crypto Regulation Outlook
OCC Acting Comptroller of the Currency Michael Hsu shares insights into the agency's role in tackling the crypto industry's biggest regulatory challenges, and what this means for existing banking regulations. Plus, his take on Celsius' implosion.
Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank
The deal will enable Nexo to open bank accounts with Summit National Bank, as well as enhancing its other products.
Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
Protego added Bitfury’s CEO to its board of directors in February.
US Bank Watchdog Says He’s Not Budging on Crypto Distrust
Michael Hsu, acting chief of the Office of the Comptroller of the Currency, is sticking to his guns on keeping most crypto activity out of the U.S. banking system.
US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance
The lawmakers also asked a series of questions about how many banks are currently involved in crypto.
US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
Acting Comptroller of the Currency Michael Hsu says the industry’s recent drama makes his agency more confident about limiting banks’ exposure to crypto.
Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra ‘Contagion’
Acting Comptroller of the Currency Michael Hsu discusses his take on the rise and fall of Terra’s “hype-driven economy,” its “contagion” to Tether (USDT) and the broader crypto ecosystem, and why he doesn’t think he would regulate algorithmic stablecoins.
OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
Stablecoins Need to Set a Common Standard, Says US Banking Watchdog
The acting OCC chief says stablecoins aren’t ”interoperable” and that should change.
