Michael Hsu

Crypto and the Circle of Disintermediation
Crypto and the Circle of Disintermediation
November 01, 2022  |  Cryptocurrency

Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022,...

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US Regulators Sound Cautious Note on FinTech Innovation
US Regulators Sound Cautious Note on FinTech Innovation
October 17, 2022  |  Regulation

If there was at least some consensus that came out of last week’s D.C. FinTech Week confab, it’s that banks and the regulators that oversee...

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Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

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OCC Head Reiterates Banking Regulators’ Cautious Approach to Crypto
OCC Head Reiterates Banking Regulators’ Cautious Approach to Crypto
September 07, 2022  |  Cryptocurrency

Recent events have reinforced the Office of the Comptroller of the Currency (OCC) position that lenders must ask permission before participating in the cryptocurrency industry...

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Crypto Regulation Weekly: Stablecoin Bill Stalls, Comptroller Won’t Back Down
Crypto Regulation Weekly: Stablecoin Bill Stalls, Comptroller Won’t Back Down
September 07, 2022  |  Cryptocurrency

Negotiations between two top congressional leaders to draft a stablecoin regulatory bill that could win passage this year have hit another roadblock. Get the Full...

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Senators Warren, Durbin, Whitehouse, and Sanders Ask OCC to Rescind and Replace Cryptocurrency Guidance
Senators Warren, Durbin, Whitehouse, and Sanders Ask OCC to Rescind and Replace Cryptocurrency Guidance
August 10, 2022  |  Cryptocurrency

Several U.S. senators have sent a letter asking the Office of the Comptroller of the Currency (OCC) to cut back previous cryptocurrency guidance in favor...

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OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
January 13, 2022  |  Cryptocurrency

There are a number of ways to read between the lines of the speech about stablecoins Acting Comptroller of the Currency Michael Hsu made at...

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