Office of the Comptroller of the Currency
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.
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu breaks down the President’s Working Group on Financial Markets' (PWG) long-anticipated stablecoin report published last week, which proposes rigorous new oversight of stablecoin backing. He shares insights into stablecoins' operational risks, financial and technological innovation, and potential regulatory approaches. Plus, his views on DeFi.
Anchorage CEO: Regulation Is ‘Fundamentally Bullish’ for Crypto Space
Anchorage became the first federally chartered crypto bank under the Trump administration when then crypto-friendly regulator Brian Brooks headed the Office of the Comptroller of the Currency (OCC). Now, as U.S. regulators and a Democrat-controlled Congress scrutinize the crypto industry, how will the future of regulation take shape?
Brian Brooks Hints at What’s Next After Binance.US Stint
The former U.S. bank regulator is likely staying within the crypto industry.
Is the OCC About to Shake Up Its Digital Asset Guidance?
Acting Comptroller of the Currency Michael Hsu said he and his staff are looking at “everything” in the digital asset guidance issued under his predecessor, Brian Brooks. Andres Ricaurte of Mphasis thinks it’s too late to make any drastic changes, and that regulatory clarity will be beneficial to the crypto industry.
Acting OCC Chief Is Reviewing 'Everything' Around Digital Asset Guidance Issued Last Year
During a press conference, Acting Comptroller of the Currency Michael Hsu said he and his staff are reviewing "everything" related to cryptocurrency guidance issued under the leadership of his predecessor, Brian Brooks. CoinDesk's Nik De joins "First Mover" to break down what we know so far about Hsu's plans for crypto at the OCC.
OCC Chief Says US Officials Should Set ‘Regulatory Perimeter’ for Cryptocurrencies
Michael Hsu, the Acting Comptroller of the Currency, reportedly said he would like U.S. officials to work in lockstep to set a “regulatory perimeter” for cryptocurrencies. “The Hash” panel explores the potential outlook for crypto regulation.
Brian Brooks: 'Bad Idea to Politicize the Banking System'
During a 1:1 discussion at Consensus 2021, former Acting Comptroller of the Currency Brian Brooks, now CEO of Binance.US, emphasized the idea of a bank that is "custodying fine art collections or rare wines gets access to the Fed but a bank that is custodying crypto private keys can’t" has no justification outside of political ideology.
Figure Raises $200M, Valuing Blockchain Mortgage Firm at $3.2B
The investment was led by 10T Holdings and Morgan Creek Capital Management and included contributions from new and existing investors.
New Acting OCC Chief Michael Hsu Signals Greater Caution on Crypto
Michael Hsu, the new acting OCC chief, is requesting to review all of the federal bank regulator's pending matters, interpretative letters and guidance, including issues around digital assets and cryptocurrencies. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De explains what to expect.