Office of the Comptroller of the Currency

OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 

OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
OCC’s Comptroller Wants Stablecoins to Be Interoperable With US CBDC 
April 11, 2022  |  CBDC

In a speech delivered on April 8, 2022 at Georgetown University, Michael Hsu, Acting Comptroller of the Office of the Comptroller of the Currency (OCC),...

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SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks
January 19, 2022  |  Cryptocurrency

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC)...

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SoFi Granted Bank Charter
SoFi Granted Bank Charter
January 19, 2022  |  Banking

Digital finance firm SoFi Technologies was granted approval to become a national bank pending its acquisition of Golden Pacific Bancorp (GPB), according to a press...

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Legal Spat Over FinTech Bank Charters Spotlights Deposit Insurance Debate
Legal Spat Over FinTech Bank Charters Spotlights Deposit Insurance Debate
January 17, 2022  |  Banking

The regulatory path forward for FinTechs seeking to offer banking services on a national scale may have gotten a bit clearer, but it hardly seems...

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US State Banking Regulators Drop Lawsuit Over FinTech Charters
US State Banking Regulators Drop Lawsuit Over FinTech Charters
January 14, 2022  |  Legal & Regulation

A group of U.S. banking regulators withdrew their lawsuit that sought to block the federal government from granting bank charters to FinTech companies.  Get the Full...

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US Banks See 15% Decrease in Trading Revenue in Q3 2021
US Banks See 15% Decrease in Trading Revenue in Q3 2021
December 21, 2021  |  Earnings

U.S. commercial banks and savings associations reported trading revenue of $6.8 billion in the third quarter this year, a 15.5% decrease, according to stats from...

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Rep. Maxine Waters Calls for Freeze on Huge Bank M&A Deals While Reviews Are Pending
Rep. Maxine Waters Calls for Freeze on Huge Bank M&A Deals While Reviews Are Pending
December 12, 2021  |  Partnerships

Rep. Maxine Waters has called on the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC)...

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OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
OCC Urges ‘Caution’ for FIs Offering Crypto-Related Financial Services
December 06, 2021  |  News

Caveat emptor, goes the Latin warning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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