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.
Public Banking vs. Open-Source Money: What Omarova for OCC Means
The controversial nominee to lead the national banking regulator has been a critic of this controversial industry.
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.
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."
Why Stablecoin Regulation Isn’t ‘Urgent’
The risks are real, but today’s report looks like a power grab.
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.
Trump Banking Regulator Determined Banks Should Be Allowed to Trade Crypto: Report
But the OCC staff’s ruling was never made public.
In Defense of OCC Nominee Saule Omarova
Right-wing critics have dismissed the Cornell academic as a dangerous socialist. But her actual views bear more investigation.
Crypto Finally Makes the Cut in OCC’s 2022 Bank Supervision Operating Plan
Though the Office of the Comptroller of the Currency (OCC) has been looking into the crypto industry since at least 2018, this is the first time crypto has been included in the regulator’s annual operating plan.
Biden to Nominate Crypto Critic as Top Bank Regulator: Report
Cornell University Professor Saule Omarova has criticized cryptocurrencies in the past.