PYMNTS

NOVEMBER 4, 2020

Toward that end, and more mainstream use cases, getting the rails in place to speed and streamline transactions, regardless of the cryptocurrency used, remains key. As spotlighted in this space , Ternio said it has joined Visa’s Fast Track as a cryptocurrency-focused enablement partner.

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Bitcoin Cryptocurrency Office of the Comptroller of the Currency Consumer 83

PYMNTS

NOVEMBER 1, 2020

Acting Comptroller Brian Brooks , speaking on a podcast recently, said banks in the U.S. were exploring ways to adopt crypto after the Office of the Comptroller of the Currency (OCC) made a decision over the summer letting banks provide custody of crypto. Well, what I have heard.a

Office of the Comptroller of the Currency 84

Office of the Comptroller of the Currency Bitcoin OCC Accreditation 84

PYMNTS

SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. Acting Comptroller of the Currency Brian P.

Office of the Comptroller of the Currency 68

Office of the Comptroller of the Currency Stablecoins Fraud Prevention OCC 68

PYMNTS

SEPTEMBER 23, 2020

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Plus, Mesh Payments has launched a cardless payment offering that makes recurring and one-time payments easier.

OCC 85

OCC Office of the Comptroller of the Currency Stablecoins Reconciliation 85

PYMNTS

JULY 22, 2020

Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday (July 22) announcement.

OCC 63

OCC Office of the Comptroller of the Currency Digital Currency Bitcoin 63

PYMNTS

DECEMBER 24, 2020

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Over the summer, the U.S.

Federal Reserve 103

Federal Reserve Bitcoin Office of the Comptroller of the Currency Cryptocurrency 103

Fintech Finance

DECEMBER 9, 2024

AGENDA HIGHLIGHTS: The Next Generation of Payments Enhancing Convenient and Secure Access to Financial Services The Next Digital Revolution Global Mobile Wallets and Super-apps Blockchain and Cryptocurrency Adoption Cross-Border Payment Innovations The Future of Financial Crime Levels of Connection – 2.0 Morgan Chase & Co.

Office of the Comptroller of the Currency 95

Office of the Comptroller of the Currency Financial Crimes BSA Cross-Border Payments 95

PYMNTS

MAY 11, 2020

Office of the Comptroller of the Currency (OCC) Chief Operating Officer Brian Brooks said he thinks digital currency firms could go under a federal licensing program in the event they offer what could be called payment services, CoinDesk reported.

Office of the Comptroller of the Currency 67

Office of the Comptroller of the Currency Digital Currency Blockchain OCC 67

The Paypers

FEBRUARY 6, 2024

Vast Bank has decided to shut down its mobile crypto app and exit the cryptocurrency industry after receiving a consent order from the Office of the Comptroller of the Currency (OCC) in October 2023.

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Office of the Comptroller of the Currency OCC Cryptocurrency 45

PYMNTS

JANUARY 21, 2021

Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe Biden. Biden’s Treasury Pick Yellen Leary Of Crypto.

OCC 72

OCC Consumer Financial Protection Bureau (CFPB) Treasury Office of the Comptroller of the Currency 72

PYMNTS

JANUARY 13, 2021

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. After receiving payments, the conspirators would convert them to cryptocurrency and send that to money launderers abroad, like Iossifov.

Money Laundering 52

Money Laundering Office of the Comptroller of the Currency OCC Online and Mobile Banking 52

PYMNTS

AUGUST 3, 2020

Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. There are currently three community banks in the market that provide services to the digital asset arena: Signature Bank , Silvergate Bank and Metropolitan Commercial Bank.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Treasury Settlement 117

PYMNTS

DECEMBER 4, 2019

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. The company voluntarily pulled its bank charter application with the Office of the Comptroller of the Currency, which was submitted earlier this year.

Office of the Comptroller of the Currency 52

Office of the Comptroller of the Currency Participant Cryptocurrency Acquirers 52

PYMNTS

JUNE 24, 2019

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm based in Paris with a membership roster of countries such as China and the United States, has said it will boost its examination of digital currencies with an eye on money laundering.

Money Laundering 51

Money Laundering Regulations Office of the Comptroller of the Currency Multi-Currency 51

The Paypers

JUNE 8, 2020

The Office of the Comptroller of the Currency (OCC) has been seeking public input on how it regulates new technologies and digital banking activities, including cryptocurrencies and blockchain tools.

Office of the Comptroller of the Currency 31

Office of the Comptroller of the Currency OCC Regulations Cryptocurrency 31

PYMNTS

MARCH 4, 2020

In February 2018, FinCEN collaborated with the Office of the Comptroller of the Currency (OCC) and the U.S. 10, with new regulations for cryptocurrencies, wallets and exchanges. “FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly.” .

AML 52

AML Suspicious Activity Report (SAR) Fincen BSA 52

PYMNTS

JUNE 21, 2018

According to Bloomberg , one source claims that the California-based firm is engaging in conversations with the Office of the Comptroller of the Currency, which charters and regulates all national banks and federal savings associations. The talks are not final and no deal has been made.

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Office of the Comptroller of the Currency Regulations Accounts Cryptocurrency 49

PYMNTS

FEBRUARY 6, 2018

The goal is to make it easier for firms that offer money transfers and cryptocurrency trading services to operate nationwide. Separately, the Office of the Comptroller of the Currency (OCC) has offered its own proposals to ease the process for FinTech firms looking to expand their reach.

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Office of the Comptroller of the Currency OCC FinTech Non-Bank 47

CB Insights

FEBRUARY 16, 2021

Among plenty of emerging use cases, the technology aims to create a new and improved payments system for the world — one that’s secure, transparent, decentralized, fast, and uses cryptocurrencies (types of digital cash) as a means of exchange. But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis.

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Stablecoins Cryptocurrency Multi-Currency Bitcoin 101

CB Insights

MAY 3, 2021

New York-based Paxos is a blockchain infrastructure platform that provides cryptocurrency services, like crypto trading and settlement or custody, to enterprises. The company offers a variety of products, like crypto brokerage APIs, settlement services, a cryptocurrency exchange named itBit, and stablecoins.

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Office of the Comptroller of the Currency PayPal Blockchain OCC 37

PYMNTS

AUGUST 5, 2019

There has been no summer slowdown for regulatory overtures toward technology firms, spanning social media, antitrust concerns and the cryptocurrency arenas. As reported by PYMNTS, witnesses told the panel that potential and risk are in the offing as digital currencies gain traction and that new regulations are needed.

FTC 49

FTC OCC Office of the Comptroller of the Currency Digital Currency 49

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 ).

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Office of the Comptroller of the Currency Regulations Innovation OCC 40

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?

Fraud Prevention 40

Fraud Prevention Office of the Comptroller of the Currency Procedures PayPal 40

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. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance. FinTech Firms Eye Bank Charters.

Office of the Comptroller of the Currency 40

Office of the Comptroller of the Currency FinTech OCC Regulations 40

PYMNTS

JANUARY 24, 2020

The Office of the Comptroller of the Currency (OCC) is putting together “ so-called notices of charges ” against 10 people, although settlements could be extended to some, sources have said. He will also have to pay $17.5 OCC Prepares Civil Suit Against Former Wells Fargo Executives.

Online and Mobile Banking 60

Online and Mobile Banking Office of the Comptroller of the Currency Central Bank OCC 60

CB Insights

MARCH 8, 2018

The most viral product Revolut has launched to-date is a cryptocurrency exchange. The US regulatory landscape is fractured across state lines and the US Office of the Comptroller of the Currency (OCC’s) fintech charter has been tabled. As of February 2018, Revolut reports it has 1.5M

Payment APIs and Integration 78

Payment APIs and Integration Office of the Comptroller of the Currency Regulations Acquirers 78

Clearly Payments

FEBRUARY 8, 2024

Office of the Comptroller of the Currency (OCC): As an independent bureau within the U.S. Cryptocurrency: The growing popularity of cryptocurrencies like Bitcoin and Ethereum as alternative payment methods has prompted regulatory scrutiny and debate.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

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.

Stablecoins 101

Stablecoins OCC Regulations Office of the Comptroller of the Currency 101

Finextra

JUNE 25, 2025

Having once pulled back from digital assets over regulatory concerns, SoFi is entering the arena again after the Office of the Comptroller of the Currency changed rules over what banks can do with regards to crypto.

Blockchain 64

Blockchain Office of the Comptroller of the Currency Multi-Currency Stablecoins 64

PYMNTS

DECEMBER 9, 2020

BitPay , a cryptocurrency payments firm, has filed to become a national bank in the U.S., BitPay has filed with the Office of the Comptroller of the Currency (OCC) to set up a federally regulated bank called the BitPay National Trust Bank, which will be headquartered in Georgia.

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Office of the Comptroller of the Currency OCC Stablecoins Digital Currency 129

PYMNTS

JANUARY 21, 2021

Former Ripple advisor and Treasury Department official Michael Barr is anticipated to head the Office of the Comptroller of the Currency (OCC) under President Joe Biden, the Wall Street Journal reported on Thursday (Jan. Justice Department recently raised alarms about cryptocurrencies and national security threats.

OCC 116

OCC Office of the Comptroller of the Currency Fincen Federal Reserve 116

PYMNTS

AUGUST 13, 2018

Blanco told a conference last week that FinCEN, which operates as part of the Treasury Department, sees as cryptocurrency gains traction. But like any payment system or medium of exchange, virtual currency has the potential to be exploited for money laundering and other illicit finance.”. States’ Rights?

Fincen 43

Fincen Cryptocurrency Office of the Comptroller of the Currency Multi-Currency 43

PYMNTS

FEBRUARY 26, 2018

The Office of the Comptroller of the Currency is examining the Community Reinvestment Act, which in part means that rules governing short-term lending may be reversed, and would let community banks compete more directly against payday lenders. SEC Eyes Crypto Exchange Activities.

Federal Reserve 40

Federal Reserve Office of the Comptroller of the Currency Treasury Regulations 40

The Payments Association

MARCH 18, 2025

In response to industry feedback, the Fed is working on providing clearer guidance on permissible banking activities involving cryptocurrencies. A lack of consistent regulatory classification for cryptocurrencies continues to create uncertainty.

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88

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 88

Stablecoins Office of the Comptroller of the Currency Treasury FDIC 88