PYMNTS

AUGUST 3, 2020

More recently, Visa issued public support of bitcoin and other digital assets in a July blog post that similarly highlighted opportunities in real-time payments. “That day made an earthquake in digital assets, because to me, it takes the narrative off the table that the government is going to ban bitcoin,” she said.

Real Time Payments

PYMNTS

JUNE 4, 2018

The Office of the Comptroller of the Currency (OCC) says that it has warned some financial companies that they should modify lending terms. And, at the same time, if you overregulate, you sort of tamp down that creativity and you discourage the innovation.”.

CFPB

PYMNTS

OCTOBER 25, 2019

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ).

Office of the Comptroller of the Currency

PYMNTS

JUNE 10, 2016

Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. “We need to be open to discussing it and working through it,” said Comptroller of the Currency Thomas Curry, referring generally to bank charters for FinTech companies.

Regulations

CB Insights

FEBRUARY 16, 2021

But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis. And while the virtual currencies aim to facilitate more secure transactions, their values are increasingly centered around speculation. In 2010, for example, a programmer purchased pizza for 10,000 bitcoin (~$30). Get the full report.

Stablecoins

PYMNTS

AUGUST 20, 2018

And in the wake of the announcement late last month that FinTechs will be able to apply for banking licenses with the Office of the Comptroller of the Currency, caution abounds. The changes would come in the wake of the theft that occurred earlier this year at Coincheck , a currency exchange operator.

Office of the Comptroller of the Currency

PYMNTS

JANUARY 15, 2021

As noted in this space earlier in the month, the Office of the Comptroller of the Currency (OCC) said that banks can utilize stablecoins in transactions, among other banking activities. But those same payments mechanisms must be in compliance with various regulatory and legal frameworks. How do the reserves work?

Stablecoins

Clearly Payments

FEBRUARY 8, 2024

Office of the Comptroller of the Currency (OCC): As an independent bureau within the U.S. Department of the Treasury, the OCC supervises and regulates national banks and federal savings associations. It oversees compliance with federal banking laws, including those governing payments.

Regulations

The Payments Association

MARCH 18, 2025

Regulatory guidance has reinforced banks hesitations, with agencies such as the Financial Crimes Enforcement Network (FinCEN) and the Office of the Comptroller of the Currency (OCC) requiring extensive due diligence when working with crypto clients.

Federal Reserve

The Payments Association

JANUARY 31, 2025

the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), or the National Credit Union Administration (NCUA)) are not included in the Working Group, especially given the allegations of an ‘Operation Choke Point 2.0.,’

Stablecoins