Michael Hsu

The chief of the Office of the Comptroller of the Currency equated the FTX collapse with a well-known 1990s bank failure in arguing for consolidated industry regulators.

By Jesse Hamilton

Mar 6, 2023 at 8:10 p.m. UTC

Mar 6, 2023

RegulationsMichael HsuOCCUS

(Lusky/Getty Images, modified by CoinDesk)

Python Politics Part 2: Operation Choke Point 2.0 Begins

A recent history of the Office of the Comptroller of the Currency and the weaponization of the banking system against crypto.

By Nathaniel Whittemore

Feb 10, 2023 at 9:33 p.m. UTC

Feb 10, 2023

The BreakdownPodcastsBankingOffice of the Comptroller of the CurrencyMichael Hsu

(OsakaWayne Studios/Getty Images, modified by CoinDesk)

Are Regulators Spending Too Much Time on Crypto?

That’s the argument of acting Comptroller of the Currency Michael Hsu.

By Nathaniel Whittemore

Oct 14, 2022 at 7:57 p.m. UTC

Oct 14, 2022

The BreakdownPodcastsMichael HsuRegulators

Acting Comptroller of the Currency Michael Hsu (Alex Wong/Getty Images)

OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’

Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”

By Fran Velasquez

Oct 13, 2022 at 7:08 p.m. UTC

Oct 13, 2022

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OCC's Hsu: Many Crypto Projects 'Don't Know What They Want to Be When They Grow Up'

OCC's Hsu: Crypto Projects 'Don't Know What They Want to Be When They Grow Up'

"I think a lot of the unclarity is coming from the industry," says acting Comptroller of the Currency Michael Hsu. He explains that many crypto projects market their products using traditional finance concepts. "Part of the confusion is ... they want to be a little bit of everything to everyone."

By CoinDesk Inc

Oct 13, 2022 at 2:50 p.m. UTC

Oct 13, 2022

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Celsius

What if Celsius Was Regulated Like a Bank? Here's What OCC's Michael Hsu Says

"The way Celsius was organized is they commingled a lot of different activities," says Acting Comptroller of the Currency Michael Hsu. He discusses the alternative outcome had the crypto lender been regulated like a bank.

By CoinDesk Inc

Oct 13, 2022 at 2:41 p.m. UTC

Oct 13, 2022

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OCC Chief Hsu on US Crypto Regulation Outlook

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Celsius

OCC Chief Hsu on US Crypto Regulation Outlook

OCC Acting Comptroller of the Currency Michael Hsu shares insights into the agency's role in tackling the crypto industry's biggest regulatory challenges, and what this means for existing banking regulations. Plus, his take on Celsius' implosion.

By CoinDesk Inc

Oct 13, 2022 at 2:27 p.m. UTC

Oct 13, 2022

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U.S. Senators Elizabeth Warren and Bernie Sanders (Scott Olson/Getty Images)

Policy

Regulations

US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance

The lawmakers also asked a series of questions about how many banks are currently involved in crypto.

By Nikhilesh De

Aug 10, 2022 at 5:19 p.m. UTC

Aug 10, 2022

RegulationsOCCMichael HsuElizabeth WarrenBernie SandersBanking Regulation

Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra 'Contagion'

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Cdtv

Acting OCC Chief Michael Hsu on Regulating Stablecoins After Terra ‘Contagion’

Acting Comptroller of the Currency Michael Hsu discusses his take on the rise and fall of Terra’s “hype-driven economy,” its “contagion” to Tether (USDT) and the broader crypto ecosystem, and why he doesn’t think he would regulate algorithmic stablecoins.

By CoinDesk Staff

May 25, 2022 at 8:19 p.m. UTC

May 25, 2022