michael hsu

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OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
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Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."
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OCC Chief Hsu Says Regulation Could Boost Stablecoin Innovation
Hsu isn't the first watchdog to call for imposing bank-like regulations on stablecoin issuers.
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OCC Highlights Digital Assets in Risk Report for Banks
“The OCC is approaching crypto-related activities ... very carefully,” the OCC’s semiannual risk report says.
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OCC Wants Banks to Seek Permission Before Offering Crypto Services
The letter comes as the OCC gears up for further digital asset regulation alongside other bank regulators.
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‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
“There is some risk that folks who are least able to bear it lose their money,” the acting comptroller of the currency warned on CoinDesk TV Monday.
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Acting OCC Chief Tells Senate Panel Crypto Custody Charter Is Under Review
In testimony before the Senate Banking Committee, Michael Hsu said some past crypto initiatives had not been done “in coordination with all stakeholders.”
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Has the Biden Administration Lost the Plot on Crypto Regulation?
The White House and Congress have yet to offer policy clarity for the crypto industry. Their agenda isn't focused on innovation and growth.
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New OCC Head Doesn't Rule Anything Out in Digital Asset Guidance Review
The Office of the Comptroller of the Currency is reviewing all of the digital asset guidance issued under the leadership of former Acting Comptroller Brian Brooks.
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OCC Chief Says US Officials Should Set 'Regulatory Perimeter' for Crypto: Report
“It really comes down to coordinating across the agencies,” said the acting comptroller. "There is interest in coordinating a lot more of these things.”
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