Are Regulators Spending Too Much Time on Crypto?
That’s the argument of acting Comptroller of the Currency Michael Hsu.
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Oct 14, 2022 at 7:57 p.m. UTC
Oct 14, 2022
michael hsu
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OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’
Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”
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Oct 13, 2022 at 7:08 p.m. UTC
Oct 13, 2022
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US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance
The lawmakers also asked a series of questions about how many banks are currently involved in crypto.
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Aug 10, 2022 at 5:19 p.m. UTC
Aug 10, 2022
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OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
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May 24, 2022 at 9:15 p.m. UTC
May 24, 2022
Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."
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Mar 31, 2022 at 8:41 p.m. UTC
Mar 31, 2022
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OCC Chief Hsu Says Regulation Could Boost Stablecoin Innovation
Hsu isn't the first watchdog to call for imposing bank-like regulations on stablecoin issuers.
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Jan 13, 2022 at 7:48 p.m. UTC
Jan 13, 2022
OCC Highlights Digital Assets in Risk Report for Banks
“The OCC is approaching crypto-related activities ... very carefully,” the OCC’s semiannual risk report says.
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Dec 6, 2021 at 5:09 p.m. UTC
Dec 6, 2021
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OCC Wants Banks to Seek Permission Before Offering Crypto Services
The letter comes as the OCC gears up for further digital asset regulation alongside other bank regulators.
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Nov 23, 2021 at 7:08 p.m. UTC
Nov 23, 2021
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‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
“There is some risk that folks who are least able to bear it lose their money,” the acting comptroller of the currency warned on CoinDesk TV Monday.
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Nov 8, 2021 at 6:14 p.m. UTC
Nov 8, 2021
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Acting OCC Chief Tells Senate Panel Crypto Custody Charter Is Under Review
In testimony before the Senate Banking Committee, Michael Hsu said some past crypto initiatives had not been done “in coordination with all stakeholders.”
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Aug 3, 2021 at 2:53 p.m. UTC
Aug 3, 2021