Office of the Comptroller of the Currency

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  |  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.  The Conference of...

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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 / Acquisitions

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. The translation: Buyer beware. Cryptos may be luring the masses, but the Office of the Comptroller of the Currency...

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Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
Biden’s OCC Pick Grilled by Senate Over Soviet Union Childhood, Undergrad Work
November 19, 2021  |  Politics

The rocky road to confirm President Joe Biden’s pick to head the Office of the Comptroller of the Currency (OCC) hit potholes during the Senate...

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OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
OCC Nominee Envisions ‘Deliberately Radical’ Redesign of US Banking System
September 26, 2021  |  CBDC

New blood, as they say, shakes things up a bit. But what happens when the shaking up of things rattles the very foundations of financial...

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Bitcoin Daily: OCC Reports Fraud Messages; Dutch National Bank Reverses Crypto Wallet Requirements
Bitcoin Daily: OCC Reports Fraud Messages; Dutch National Bank Reverses Crypto Wallet Requirements
May 20, 2021  |  Bitcoin

The Office of the Comptroller of the Currency (OCC) is reporting that fraudulent actions are being taken to impersonate the OCC, according to an alert...

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American Bankers Association Seeks More Oversight Of Cryptocurrency Entities
American Bankers Association Seeks More Oversight Of Cryptocurrency Entities
April 22, 2021  |  Regulation

The American Bankers Association (ABA) said in testimony last week that it believes standards for cryptocurrency businesses should be strengthened. In front of the House...

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