[ad_2][ad_1] Acting Comptroller of the Currency Brian Brooks has predicted that a series of cryptocurrency banking and clarification actions will emerge from the Trump administration during its final days. The leading national banking regulator said Friday on CNBC’s Squawk Box: “I don’t think we need 50 regulations, but what we …
Read More »Money reinvented: digital assets go mainstream
[ad_2][ad_1] Money has taken many forms over the centuries, from physical forms such as stones or shells to dematerialized bits and bytes. Money itself has no value except as a medium of exchange and unit of measurement. Bartering most likely preceded money for easily tradable items such as animal skins …
Read More »OCC wants to end the discrimination of banks against disadvantaged assets, including crypto companies
[ad_2][ad_1] The OCC proposes a rule change that obliges large US banks to offer and provide fair access to financial services to anyone who wants them. The proposal seeks to clarify the obligation of large banks to provide equal access to financial services in a manner consistent with the mandate …
Read More »Cost of the cryptocurrency currency (OCC) Price up to $ 0.256256, up 2.31% from this moment Yesterday, the 24-hour volume hits $ 1,000,396
[ad_2][ad_1] Octoin Coin (OCC) traded up to 2.31% on the US dollar in the last time period of the day ending at 2:15 am on 2 September EST. Octoin's currency currently has a market capitalization of $ 106.637 and its 24-hour trading volume is around $ 1,000.396. In the last …
Read More »What is missing from the fintech card of the OCC
[ad_1] A version of this post was previously published on the Federal Financial Analytics blog. The Office of the Currency Controller recently concluded its controversial decision to authorize a fintech card for special purposes. Although OCC points out that it is holding these special purpose cards to standards equivalent to …
Read More »Less is better for the fintech financial inclusion plans of the OCC
[ad_1] The office of the currency controller is threading a treacherous needle. He said he plans to evaluate the applicants for a fintech charter based on their fair lending efforts, but has pulled back on specifics for how that process could work. This has made some groups of consumers nervous. …
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