Office of the Comptroller of the Currency

Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra 'Contagion'
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 crypt...
Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra 'Contagion'

OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
Trust company Anchor Digital was cited recently by the Office of the Comptroller of the Currency (OCC) for failing to properly incorporate an anti-money laundering procedure i...
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules

OCC Highlights Digital Assets in Risk Report for Banks
OCC Highlights Digital Assets in Risk Report for Banks
The Office of the Comptroller of the Currency (OCC) published its Semiannual Risk Perspective report for fall 2021, outlining what the agency sees as the key and emerging risk...
OCC Highlights Digital Assets in Risk Report for Banks

Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden's OCC Nominee Saule Omarova
Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden’s OCC Nominee Saule Omarova
CoinDesk’s Nikhilesh De reacts to reports Twitter CEO Jack Dorsey is expected to leave his position as head of Twitter. Separately, according to Axios, five Democratic senator...
Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden's OCC Nominee Saule Omarova

OCC Wants Banks to Seek Permission Before Offering Crypto Services
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...
OCC Wants Banks to Seek Permission Before Offering Crypto Services

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

Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, 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, wh...
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation

Anchorage CEO: Regulation Is 'Fundamentally Bullish' for Crypto Space
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...
Anchorage CEO: Regulation Is 'Fundamentally Bullish' for Crypto Space

Is the OCC About to Shake Up Its Digital Asset Guidance?
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. Andr...
Is the OCC About to Shake Up Its Digital Asset Guidance?

Acting OCC Chief Is Reviewing 'Everything' Around Digital Asset Guidance Issued Last Year
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...
Acting OCC Chief Is Reviewing 'Everything' Around Digital Asset Guidance Issued Last Year