Office of the Comptroller of the Currency

Figure Technologies CEO Mike Cagney (courtesy of Figure Technologies)
Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.
Figure Technologies CEO Mike Cagney (courtesy of Figure Technologies)

Acting OCC chief Michael Hsu (Jesse Hamilton/CoinDesk)
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
OCC chief Michael Hsu – a crypto critic – argued asset tokenization is the future, but he said centralized efforts are the way ahead.
Acting OCC chief Michael Hsu (Jesse Hamilton/CoinDesk)

(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.
(Lusky/Getty Images, modified by CoinDesk)

(Lusky/Getty Images, modified by CoinDesk)
Python Politics Part 1: The US Government's Slow Squeeze on Crypto via the Banking System
Agencies across the federal government have launched a coordinated campaign to pressure banks into not serving crypto customers.
(Lusky/Getty Images, modified by CoinDesk)

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

OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
Trust company Anchor Digital was cited recently by the Office of the Comptroller of the Currency (OCC) for failing to properly incorporate an anti-money laundering procedure i...
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules

OCC Highlights Digital Assets in Risk Report for Banks
OCC Highlights Digital Assets in Risk Report for Banks
The Office of the Comptroller of the Currency (OCC) published its Semiannual Risk Perspective report for fall 2021, outlining what the agency sees as the key and emerging risk...
OCC Highlights Digital Assets in Risk Report for Banks

Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden's OCC Nominee Saule Omarova
Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden’s OCC Nominee Saule Omarova
CoinDesk’s Nikhilesh De reacts to reports Twitter CEO Jack Dorsey is expected to leave his position as head of Twitter. Separately, according to Axios, five Democratic senator...
Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden's OCC Nominee Saule Omarova

OCC Wants Banks to Seek Permission Before Offering Crypto Services
OCC Wants Banks to Seek Permission Before Offering Crypto Services
The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they...
OCC Wants Banks to Seek Permission Before Offering Crypto Services

Lawmakers Introduce Bill to Modify Crypto Tax Provision in Biden Administration's $1T Infrastructure Law
Lawmakers Introduce Bill to Modify Crypto Tax Provision in Biden Administration’s $1T Infrastructure Law
A bipartisan group of U.S. lawmakers have introduced a bill to amend the crypto-related provisions in the bipartisan infrastructure bill signed into law earlier this week. Coi...
Lawmakers Introduce Bill to Modify Crypto Tax Provision in Biden Administration's $1T Infrastructure Law