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OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins
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OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins

The OCC Boss, Brian Brooks has testified before the US Senate Banking Committee about the growing use of cryptocurrencies and stablecoins in the country

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia
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American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters.

Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed
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Is Bitcoin Digital Gold? SkyBridge Says Yes, JPMorgan Says No as Market Dynamics Have Changed

Institutional investment in Bitcoin has many convinced that it has already succeeded in its transition into digital gold—but the debate continues to rage at the highest levels.

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
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Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters
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US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

United States Financial Regulators Sign Onto the Global Financial Innovation Network
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United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies
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Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap
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OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap

Brian Brooks, the acting Comptroller of the Currency, has a big crypto proposal to close the wealth gap between developing and developed nations - it's called “country coin.”

Ex-Ripple Board of Directors Member Selected by Joe Biden to be Next Comptroller of the Currency
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Ex-Ripple Board of Directors Member Selected by Joe Biden to be Next Comptroller of the Currency

A former member of Ripple’s board of directors is expected to succeed Brian Brooks and become the next Comptroller of the Currency (OCC).

The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks
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The OCC is Focused on "Not Killing" Bitcoin and Crypto says Acting Comptroller Brian Brooks

Brian Brooks has affirmed that the OCC is not planning any ban or stringent regulation on Bitcoin or other cryptocurrencies.

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers
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US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.

President Trump Nominates Brian Brooks to Serve as US Comptroller of the Currency for A Five-Year Term
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President Trump Nominates Brian Brooks to Serve as US Comptroller of the Currency for A Five-Year Term

President Trump has nominated Brian Brooks to lead as the national bank regulator for a full five-year term.

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