Former US OCC Officials: ‘Stablecoins Can Keep the Dollar the World’s Reserve Currency’
Brian Brooks and Charles Calomiris, former officers on the U.S. Office of the Comptroller of the Currency (OCC), have acknowledged stablecoins may be instruments which...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions
On Feb. 9, 2023, the cryptocurrency neighborhood realized of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking companies. The SEC fined Kraken, a...
US Regulators and the Fed Jointly Issue Crypto Warnings
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have collectively issued warnings about crypto...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over...