Acting Comptroller of the Currency Michael J. Hsu speaks about the fall of BCCI and FTX. Hsu also pointed out the similarities between the fall of FTX and BCCI. Additionally, he also shared some thoug...
Tag: Comptroller
‘Home’ regulator could solve crypto’s ‘fragmented supervision’ issue: Comptroller
Cryptocurrency firms operating multiple entities in different countries should be overseen by one consolidated “home” regulator to stop them from playing “games” aimed at skirting regulato...
Former Comptroller Otting joins Blockchain.com board
Blockchain.com is adding a banking expert to its board of directors, Joseph Otting, the former U.S. Comptroller of the Currency, the company said in a blog post. “I’m honored to join the board o...
Crypto Regulation Needs Time, Says Acting US Comptroller Michael Hsu
Crypto regulation needs a cautious approach, rather than a mad rush, says US Comptroller Michael Hsu. Michael Hsu, the Acting Comptroller of the Currency, highlighted the importance of crypto regulato...
US acting comptroller urges not to rush crypto regulation
Michael Hsu called for tighter interagency efforts and highlighted the three most dangerous areas of the new industry. United States Acting Comptroller of the Currency Michael Hsu urged his fellow reg...
Former Comptroller of the Currency Says Ripple and SEC Will Settle to Enable Investors To Continue Trading & Holding XRP
– Advertisement – Brooks speculates that both Ripple and the SEC will reach a settlement. The lawsuit between Ripple and the Securities and Exchange Commission (SEC) has been a major t...
Acting Comptroller of the Currency calls for collaboration in the crypto sector
The Acting Comptroller of the Currency, Michael J. Hsu, has pointed to the need for collaborations in the cryptocurrency sector. Hsu noted that large players in the crypto sector needed to work togeth...
Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries
Despite incessant backlash from regulators in the United States, the adoption and growth of digital currencies have been steady over the past few years. Considering this position, Michael J. Hsu, the ...
OCC Comptroller calls for federal collaboration with crypto intermediaries
The Acting Comptroller of the Currency, Michael J. Hsu, highlighted the need for collaboration and coordination with large crypto intermediaries to better understand the risks within the growing $2 tr...