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michael hsu

White House Agenda Depends On Navigating Congressional Thicket

Has the Biden Administration Lost the Plot on Crypto Regulation?

The White House and Congress have yet to offer policy clarity for the crypto industry. Their agenda isn't focused on innovation and growth.

Jul 1, 2021 at 12:21 p.m. UTC

Jul 1, 2021

RegulationSecurities and Exchange CommissionOCCOpinionGary GenslerMichael Hsu

New OCC Head Doesn't Rule Anything Out in Digital Asset Guidance Review

The Office of the Comptroller of the Currency is reviewing all of the digital asset guidance issued under the leadership of former Acting Comptroller Brian Brooks.

By Nikhilesh De

Jun 2, 2021 at 7:39 p.m. UTC

Jun 2, 2021

OCCregulationsMichael Hsu

OCC Chief Says US Officials Should Set 'Regulatory Perimeter' for Crypto: Report

“It really comes down to coordinating across the agencies,” said the acting comptroller. "There is interest in coordinating a lot more of these things.”

By Sebastian Sinclair

Jun 1, 2021 at 7:45 a.m. UTC

Jun 1, 2021

RegulationOCCBrian BrooksMichael Hsu

Senate Banking Chairman 'Concerned' by OCC's Crypto Charters

Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.

By Nikhilesh De

May 19, 2021 at 9:51 p.m. UTC

May 19, 2021

PaxosOCCAnchorageSherrod BrownMichael Hsu

New OCC Chief Signals Greater Caution on Crypto

"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.

By Nikhilesh De

May 18, 2021 at 8:01 p.m. UTC

May 18, 2021

BankingBanking RegulationOCCBrian BrooksMichael Hsu