Latest Office of the Comptroller of the Currency News

‘Crypto is fool’s gold’: Why the OCC chief is right
Business 27 September 2021

‘Crypto is fool’s gold’: Why the OCC chief is right

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.

New OCC chief calls for review of digital currency rules
Business 24 May 2021

New OCC chief calls for review of digital currency rules

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.

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