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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.”

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 Treasury Department Warns Regulators of Potential Risks of Digital Assets
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US Treasury Department Warns Regulators of Potential Risks of Digital Assets

The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.

Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services
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Democrats Critical of OCC's "Excessive Focus" on Crypto and Stablecoin Financial Services

Democrat members of the United States Congress led by Congresswoman Rashida Tlaib (D-MI) have criticized the OCC's focus on crypto and stablecoins.

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

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules
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US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

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

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities
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Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.

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.

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