The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than […]
Category: OCC
Auto Added by WPeMatico
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public […]
Paxos has filed to become a federally regulated bank with the U.S. Office of the Comptroller of the Currency, joining […]
The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national […]
Call it the CPR for Operation Choke Point.
Outgoing U.S. President Donald Trump has nominated Acting Comptroller Brian Brooks to take on a more permanent role leading the […]
If granted, the charter would replace the blockchain-based lender’s hodgepodge of state licenses with a single nationwide regulator.
The OCC’s July ruling that allowed banks to provide custody spurred the newfound interest, Brooks said.