Michael Hsu

Michael Hsu criticizes crypto at an industry-sponsored event in Washington, D.C. (Jesse Hamilton for CoinDesk)
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.
Michael Hsu criticizes crypto at an industry-sponsored event in Washington, D.C. (Jesse Hamilton for CoinDesk)

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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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Acting Comptroller Michael Hsu (Alex Wong/Getty Images)
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.
Acting Comptroller Michael Hsu (Alex Wong/Getty Images)

2021: The Year of Crypto Policy and Regulations
2021: The Year of Crypto Policy and Regulations
From the U.S. infrastructure bill to multiple Capitol Hill hearings on stablecoins, from Turkey banning crypto transactions to China banning crypto mining to India dabbling wi...
2021: The Year of Crypto Policy and Regulations

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)
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.
Acting Comptroller Michael Hsu (Alex Wong/Getty Images)

Acting Comptroller Michael Hsu (Al Drago/Bloomberg via Getty Images)
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.
Acting Comptroller Michael Hsu (Al Drago/Bloomberg via Getty Images)

Acting Comptroller of the Currency Michael Hsu on CoinDesk TV.
‘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.
Acting Comptroller of the Currency Michael Hsu on CoinDesk TV.

Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation
Acting Comptroller of the Currency Michael Hsu breaks down the President’s Working Group on Financial Markets’ (PWG) long-anticipated stablecoin report published last week, wh...
Acting Comptroller of the Currency Michael Hsu on Stablecoin Risks, Innovation, Regulation

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, center, and Michael Hsu, acting head of the Comptroller of the Currency, right, walk to the West Wing of the White House in Washington, D.C., U.S., on June 21, 2021.
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.”
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, center, and Michael Hsu, acting head of the Comptroller of the Currency, right, walk to the West Wing of the White House in Washington, D.C., U.S., on June 21, 2021.

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, center, and Michael Hsu, acting head of the Comptroller of the Currency, right, walk to the West Wing of the White House in Washington, D.C., U.S., on June 21, 2021.
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.
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, center, and Michael Hsu, acting head of the Comptroller of the Currency, right, walk to the West Wing of the White House in Washington, D.C., U.S., on June 21, 2021.