Anyone who digs and conducts independent research finds that it’s not at all clear why there are thousands of digital currencies, and as Michael Hsu notes, there are no clear answers as to how the massive returns available in DeFi are generated.
White House describes Omarova as “one of the country’s leading academic experts on issues related to regulation of systemic risk and structural trends in financial markets.”
Three U.S. agencies tasked with regulating digital currency could be about to join forces to form an “interagency sprint team” in order to better shape digital currency regulation.
Michael Hsu has requested that staff at the OCC review their approach to digital currency, including updating its charter framework for banks and other institutions, and setting up a new Office of Innovation.
Protego Trust Company has received conditional approval from the Office of the Comptroller of the Currency to become a federally chartered digital currency bank.
Prior to his appointment as Acting Comptroller in May 2020, Brian Brooks worked as general counsel at Coinbase.
Digital currency custodian Anchorage has become the first bank to receive a national charter from the Office of the Comptroller of the Currency (OCC).
The Libra Association has announced Saumya Bhavsar as the general counsel for its payment subsidiary, Libra Networks.
The Office of the Comptroller of the Currency has proposed the rule that will finally ensure fair access to banking services, credit and capital.
The Office of the Comptroller of the Currency has permitted national banks to hold reserves of digital currencies and other digital assets.
The Office of the Comptroller of the Currency has proposed a new national bank charter for payment companies handling digital assets.