# New OCC head requests review of cryptocurrency rules

# New OCC head requests review of cryptocurrency rules

“# New OCC head requests review of cryptocurrency rules ” The United States’ banking regulator, the Office of the Comptroller of the Currency, is set to review cryptocurrency-related rulemaking following Brian Brooks’ departure.  Michael Hsu, the newly-appointed Acting Comptroller of the Currency, has requested a staff review of former OCC rulemaking regarding the crypto industry…

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# US FDIC seeks insight on banks’ role in cryptocurrency markets

# US FDIC seeks insight on banks’ role in cryptocurrency markets

“# US FDIC seeks insight on banks’ role in cryptocurrency markets ” The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks’ cryptocurrency-related activities. The FDIC is the major provider of deposit insurance to U.S. commercial and savings banks, originally created to address bank runs during the Great Depression. …

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# Diem parters with Silvergate bank to launch stablecoin in the US

# Diem parters with Silvergate bank to launch stablecoin in the US

“# Diem parters with Silvergate bank to launch stablecoin in the US ” Facebook-backed digital currency project, the Diem Association, has partnered with cryptocurrency-friendly bank Silvergate to launch a stablecoin pegged to the United States dollar. Diem announced Wednesday a new model of its upcoming stablecoin, relocating its main operations from Switzerland to the United…

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