Office of the Comptroller of the Currency

OCC Finalizes Long-Held Rule On Banking Equality
OCC Finalizes Long-Held Rule On Banking Equality
January 14, 2021  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) released a finalized rule on ensuring fair access to banking services from large national banks, federal...

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Bitcoin Daily: OCC Grants Crypto Firm Anchorage Conditional Digital Banking License; Crypto Exchange RG Coins Owner Arrested For Money Laundering
Bitcoin Daily: OCC Grants Crypto Firm Anchorage Conditional Digital Banking License; Crypto Exchange RG Coins...
January 13, 2021  |  Bitcoin

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release...

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Banks, FinTechs Dive Into New Payment Rails For B2B
Banks, FinTechs Dive Into New Payment Rails For B2B
September 24, 2020  |  B2B Payments

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. This week’s look...

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Bitcoin Daily: US National Banks To Hold Reserve Currencies For Stablecoins; Stripe To Pay Massachusetts $120K In PlexCoin ICO Role
Bitcoin Daily: US National Banks To Hold Reserve Currencies For Stablecoins; Stripe To Pay Massachusetts...
September 21, 2020  |  Bitcoin

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep...

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Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct Tax On Crypto Trading
Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct...
July 22, 2020  |  Bitcoin

Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday...

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Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
Today In Payments: Senate Approves Five-Week Extension For PPP; Document: Wirecard Depended Upon Few Clients
July 01, 2020  |  News

In today’s top news, the Senate extended the PPP application deadline by five weeks, and an internal document reveals a small client base brought in...

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OCC’s Otting To Step Down
OCC’s Otting To Step Down
May 21, 2020  |  Personnel

Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. “I am extremely proud of...

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Bitcoin Daily: US Bank Regulator Says Licensing Crypto Firms As FIs ‘Makes Sense’; Korean Luxe Retailers Pay Rewards Via Blockchain
Bitcoin Daily: US Bank Regulator Says Licensing Crypto Firms As FIs ‘Makes Sense’; Korean Luxe...
May 11, 2020  |  Bitcoin

U.S. Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal...

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OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Security & Fraud

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

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