The OCC chief says lenders seem to be backing away from the industry’s recent dramas, and a new report from his regulatory agency criticizes the sector for "weak," risky practices.
The chance that one of the parties involved in a deal might not make good on its promises, causing the other party financial harm is something crypto investors need to understand.
Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover” to discuss the state of crypto, the economy and their respective crypto-focused separate managed accounts.
The appointment reflects the broader trend of former top government officials taking roles at crypto firms after departing from their public service roles.