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Tag: Office of the Comptroller of the Currency (OCC)

Top US Regulators Warn American Banks To Keep an Eye on Crypto-Related Risks

The U.S. Office of the Comptroller of the Currency (OCC) is issuing a joint statement with the Federal Reserve and the Federal Deposit Insurance...

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Florida best-prepared US state for widespread crypto adoption: Research

It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the...

Two US Senators Demand Answers From US Regulators on Banking Sector’s Exposure to Crypto

US Senators Elizabeth Warren and Tina Smith are demanding answers from a group of top US regulators about the banking sector’s exposure to crypto...

Who’s in Charge of What? Breaking Down the Crypto Executive Order

Washington DC stablecoin

Most reports to be submitted to President Biden are due within six months, but legislation could take years

The post Who’s in Charge of What? Breaking Down the Crypto Executive Order appeared first on Blockworks.

US President Biden to Issue Executive Order on Crypto This Week: Report

US President Biden to Issue Executive Order on Crypto This Week: ReportU.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets. Executive Order on Crypto Expected This Week U.S. President Joe Biden is expected to issue an executive order on […]

SoFi CEO holds Bitcoin and Ethereum among other crypto assets

SoFi Technologies owns the naming rights of the home stadium of Super Bowl LVI…

The post SoFi CEO holds Bitcoin and Ethereum among other crypto assets appeared first on Coin Journal.

The Latest in Crypto Hiring: PayPal, Crypto.com Add to Digital Assets Headcount

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PayPal brought aboard specialists to establish a crypto advisory council

The post The Latest in Crypto Hiring: PayPal, Crypto.com Add to Digital Assets Headcount appeared first on Blockworks.

Jonathan Gould Would Join Bitfury as a Chief Legal Officer

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Jonathan Gould, a former OCC Senior Deputy Comptroller, has been named the company’s new Chief Legal Officer by Bitfury Group. Gould will be responsible for managing the firm’s basic legal functions, as well as providing strategic guidance to the management and board of directors. Gould will also engage with policymakers and regulators around the world on behalf of Bitfury and its portfolio firms. Brian Brooks, the CEO of Bitfury, will be his boss.  Gould has been one of the most influential voices on financial law and policy in the United States during the last decade. He most recently served as Senior Deputy Comptroller and Chief Counsel at the US Office of the Comptroller of the Currency (OCC). Prior to joining the OCC, Gould worked as a Chief Counsel for the US Senate Banking Committee. He also worked with BlackRock, the world’s largest asset management company, and Promontory Financial Group, worldwide financial services, and a fintech consultancy firm.  Brooks commented on the development, saying:  “Jonathan is an accomplished legal professional who brings two decades of experience in financial services, law and regulation to Bitfury. His time sitting at the table for some of the most important policy conversations impacting the crypto industry in the United States will be extremely valuable as Bitfury endeavors to play a larger role in these conversations around the world. We are thrilled to have Jonathan on board as we seek to leverage our best-in-class technology and team to bring blockchain into the mainstream.” While Gould commented about his new job: “I look forward to blending my legal, traditional finance, and crypto knowledge to help Bitfury and Web 3 continue to grow and flourish amidst an evolving policy and regulatory landscape.”

The post Jonathan Gould Would Join Bitfury as a Chief Legal Officer appeared first on Cryptoknowmics-Crypto News and Media Platform.

Pillow Raises $3 Million for its DeFi Investment Platform

DeFi investment startup Pillow raised $3 million in Seed funding The company will use the funds to fuel global expansion, build its investment strategies, and grow its user base “We want to create a future where accessibility to decentralized finance is democratized,” said company founders Pillow, a platform that invests in curated DeFi strategies, landed Read more...

The post Pillow Raises $3 Million for its DeFi Investment Platform appeared first on Finovate.

UK challenger Monzo opens its doors to US customers

The launch comes four months after Monzo abandoned its attempts to gain a US banking licence.

‘Snow Job’: The Plot to Hand the Crypto Industry to the Big Banks

The Biden Administration's secret crypto strategy is becoming clear: it wants to force stablecoin issuers into the arms of big banking.

SoFi realises ambition to become national bank with US regulatory approval

The firm filed an application with the Office of the Comptroller of the Currency in July 2020.

Top Crypto Executives To Testify in Washington At Digital Assets Hearing

Executives from the US’ most influential crypto firms will be testifying at a hearing on digital assets on December 8. The hearing, led by Congresswoman Maxine Waters, is entitled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.” Waters, who chairs the House Financial Services […]

The post Top Crypto Executives To Testify in Washington At Digital Assets Hearing appeared first on Coin Bureau.

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