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OCC Wants Banks to Seek Permission Before Offering Crypto Services

The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they do so. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways. Plus, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee, is seeking more information about stablecoins.

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L'OCC souhaite que les banques demandent une autorisation avant de proposer des services de Crypto

Cette lettre intervient alors que l'OCC se prépare à une réglementation plus poussée des actifs numériques aux côtés d'autres régulateurs bancaires.

Acting Comptroller Michael Hsu (Al Drago/Bloomberg via Getty Images)

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Les régulateurs américains prévoient de définir les activités bancaires légales autour des Crypto en 2022

L'équipe de sprint interinstitutions était composée de l'OCC, de la FDIC et de la Fed.

OCC (Andrew Harrer/Bloomberg via Getty Images)

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Key Takeaways From Confirmation Hearing for Comptroller of Currency Saule Omarova

Saule Omarova, President Biden's nominee to be the Comptroller of the Currency, faced questioning at her confirmation hearing Thursday before the Senate Banking, Housing and Urban Affairs Committee. CoinDesk's Nikhilesh De discusses the main takeaways.

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Banque publique contre monnaie open source : ce que signifie Omarova pour l'OCC

Le candidat controversé à la tête du régulateur bancaire national a été un critique de ce secteur controversé.

(Johann Walter Bantz/Unsplash, modified by CoinDesk)

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Lawmakers Introduce Bill to Modify Crypto Tax Provision in Biden Administration’s $1T Infrastructure Law

A bipartisan group of U.S. lawmakers have introduced a bill to amend the crypto-related provisions in the bipartisan infrastructure bill signed into law earlier this week. CoinDesk’s Nikhilesh De discusses the latest on crypto regulation.

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Former CFTC Commissioner Brian Quintenz on Brewing Turf War in Crypto Regulation: 'Congress Needs to Be More Engaged'

Former CFTC Commissioner Brian Quintenz shares insights into the biggest crypto regulatory challenges in the U.S. "There's been a turf battle among newly appointed heads of regulatory agencies," he said. "I'd like to see a more coordinated approach ... [and] I would like to see Congress more engaged." Plus, why he thinks there are better candidates than Saule Omarova to head the OCC "that could offer more stability ... in regulatory decision making."

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Pourquoi la réglementation des stablecoins n'est T « urgente »

Les risques sont réels, mais le rapport d’aujourd’hui LOOKS à une prise de pouvoir.

WASHINGTON, DC - OCTOBER 06: U.S. Treasury Secretary Janet Yellen (C) listens to President Joe Biden during a hybrid meeting with corporate chief executives and members of his cabinet to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Each of the meeting participants spoke in dire terms about the negative national and global economic reaction to Congress failing to raise the limit and the U.S. defaulting on its debt. (Photo by Chip Somodevilla/Getty Images)

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SEC vs OCC: Who's Regulating Stablecoins?

CoinDesk's Nikhilesh De discusses the outlook for stablecoin regulation following the latest details around the U.S. Office of the Comptroller of the Currency (OCC) and the Securities and Exchange Commission (SEC)'s stablecoin guidance.

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