Top Senator Wants OCC to Rethink Bank Charters for Crypto Firms

Name: Top Senator Wants OCC to Rethink Bank Charters for Crypto Firms
Uploaded: 2021-05-20T23:53:17Z
Duration: 6 min 381 s
Description: Senator Sherrod Brown (D-OH) is “concerned” about the banking charters granted to crypto firms Paxos, Anchorage, and Protego and has requested that the new acting OCC chief Michael Hsu reevaluate the issue and decisions by Hsu’s predecessor, Brian Brooks. “The Hash” hosts discuss the potential impact for crypto regulation.

May 20, 2021

Senator Sherrod Brown (D-OH) is “concerned” about the banking charters granted to crypto firms Paxos, Anchorage, and Protego and has requested that the new acting OCC chief Michael Hsu reevaluate the issue and decisions by Hsu’s predecessor, Brian Brooks.

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