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.
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.
Coinbase's Ex-Lead Lawyer Sold $4.6M in Stock to Head US Banking Watchdog
Brian Brooks left Coinbase to lead the U.S. Office of the Comptroller of the Currency last month.
'Inherently Borderless': Acting OCC Chief Talks Crypto, State Licenses and DeFi
“My job here is not to protect incumbents,” says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions.
US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms
Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals.
Coinbase Chief Legal Officer Leaves to Take Senior Role at US Bank Regulator
Coinbase chief legal officer Brian Brooks will be the new COO and first deputy at Office of the Comptroller of the Currency, which oversees banking regulation in the U.S.
US Financial Regulators Join UK FCA's 'Global Sandbox'
Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.
New York Finance Watchdog 'Fiercely Opposes' Sandboxes for Fintech Firms
The chief of New York's financial regulatory body said Tuesday that the agency is "fiercely opposed" to regulatory sandboxes for fintech firms
US Bank Regulator Opens Door to National License for Bitcoin Firms
The acting U.S. Comptroller of Currency made remarks at an event yesterday that supported new cryptocurrency licensing and regulation.
