OCC News
Latest OCC News
Details from the United States Office of the Comptroller of Currency (OCC) show that Paxos’ application for a national banking charter, under “2020-NE-Charter-318305”, expired on March 31
The acting chief of the U.S. OCC is not a big fan of cryptocurrencies or DeFi. At least, not yet. DeFi is Fool’s Gold, OCC Chief Says While the global crypto markets continue to witness a significant correction from the…
On February 4, Vast Bank revealed they have partnered with highly acclaimed exchange platform Coinbase. The bank made a move to achieve a complete end-to-end digital currency transaction successfully. Vast Bank, which enlisted the services of SAP a few years…
President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency – the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the…
Cryptocurrency startup Anchorage Hold LLC has received conditional approval from the US currency control office to become an official federal government bank. Qualified Custodian for Institutional Investors Anchorage, now officially known as the National Association of Anchorage Digital Bank, was…
According to Wall Street veteran, Caitlin Long, the ruling from the Office of Comptroller of Currency (OCC), which was released in a letter last week, gives large banks an unfair advantage over crypto startups. As such, it is a double-edged…
Anchorage has applied for a national bank charter from the United States Office of the Comptroller of the Currency (OCC). If all goes as planned, the license will make it possible for Anchorage to function as a qualified bank and…
Banks won’t survive the incoming blockchain disruption and their roles will be relegated to advisory and value addition, the Acting Comptroller of the Currency, Brian Brooks, said during the ongoing DC Fintech Week Virtual Experience on Oct 19. In the future, he adds, banks…