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OCC latest US regulator to give banks crypto freedom

Finextra

The Office of the Comptroller of the Currency (OCC) today clarified permissible bank activities related to crypto-asset custody and execution services.

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Office Of The Comptroller Of The Currency Disclosed A Data Breach

PYMNTS

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. WSJ cited an OCC spokesman as saying the data included information “related to OCC activities and employees.” The incident occurred in Nov.

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Major US banks dial down information sharing with OCC after email hack

Finextra

JPMorgan Chase and Bank of New York Mellon have reportedly scaled back electronic information sharing with the Office of the Comptroller of the Currency (OCC) following a significant breach of the regulators email system.

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Federal Banks, Savings Associations Win Approval For Some Crypto Activities

PYMNTS

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

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OCC Finalizes Long-Held Rule On Banking Equality

PYMNTS

The Office of the Comptroller of the Currency (OCC) released a finalized rule on ensuring fair access to banking services from large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, according to a press release.

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Countering OCC, states announce streamlined payments exams

Payments Source

With the Office of the Comptroller of the Currency considering a special charter for payments firms, a state regulator group said large money transmitters can opt for the “one company, one exam” program next year.

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Circle applies for national trust bank status

Finextra

The company has formally submitted an application to the Office of the Comptroller of the Currency (OCC) to establish the new trust institution, which will operate under the name First National Digital Currency Bank, N.A.