Office of the Comptroller of the Currency
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Crypto
OCC Fast-Tracks Stablecoin Rules for November After Summer Delay
A crucial regulatory push is underway in Washington as federal bank overseers move to complete baseline stablecoin regulations by November…
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Business
Trump-Linked Crypto Venture Clears Federal Hurdle for National Trust Bank Charter
ProCap Financial Chairman and CEO Anthony Pompliano appeared on ‘Varney & Co.’ to offer insights on bitcoin’s long-term growth potential,…
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Crypto
BitGo Loses Exclusive Role as OCC Greenlights Trump-Backed Trust Entity
BitGo‘s exclusive control over issuing and safeguarding the USD1 stablecoin is set to terminate after the Office of the Comptroller…
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Crypto
Treasury Moves to Block Unlicensed Stablecoins Under GENIUS Act Deadlines
Unlicensed stablecoin issuers face immediate market exclusion under proposed U.S. Department of the Treasury regulations enforcing the GENIUS Act. The…
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Crypto
Circle Sets Sept. 16 Launch for Arc Blockchain With Wall Street Giants as Validators, Reports Q2 Profit
Stablecoin issuer Circle will launch the public mainnet for its Arc blockchain on September 16, enlisting major global financial institutions…
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Business
Federal Regulators Propose Major Overhaul of Community Reinvestment Act Rules
U.S. banking regulators have unveiled a comprehensive proposal to reform Community Reinvestment Act compliance, seeking to lighten administrative burdens on…
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Crypto
Circle Secures NYDFS Trust Charter to Expand Digital Asset Custody Operations
Stablecoin issuer Circle has secured a limited-purpose trust charter from state regulators in New York, formalizing a decade-long effort to…
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Business
Trump Accounts Designed to Counter Socialist Ideology Through Financial Literacy, Bank Regulator Says
A top U.S. banking regulator has pitched newly launched investment accounts as a strategic tool to promote capitalist principles among…
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Crypto
US Regulators Deny National Charter to UK Crypto Firm Over Financial Crime Risks
The United States Office of the Comptroller of the Currency (OCC) has rejected a national bank charter application from a…
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Crypto
Augustus Hits $1B Valuation in $180M Series B to Build Stablecoin Clearing Bank
Fintech clearing bank startup Augustus has achieved a $1 billion valuation after securing $180 million in a Series B capital…
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