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Crucial OCC Stance: Federal Banking Regulation Asserted Over State Authority, Raising Crypto Concerns

June 10, 2025 coinpulse_staff

Recent developments from the U.S. Office of the Comptroller of the Currency (OCC) have sent ripples through the financial and cryptocurrency worlds. Acting Director Rodney Hood has reaffirmed a long-standing principle: federal banking regulation holds sway over state laws. This assertion is particularly relevant in the current landscape where both federal and state bodies are […]

US Banks Get Revolutionary Green Light to Trade Crypto Assets

May 7, 2025 coinpulse_staff

The world of finance is witnessing a pivotal moment. The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidance that significantly impacts how US banks crypto interactions can occur. This development marks a substantial shift, potentially opening doors for millions to access digital assets through their trusted financial institutions. What Does […]

Crypto Bank Charter: Major Step as 15 Firms Apply to OCC

April 23, 2025 coinpulse_staff

The world of finance is witnessing a significant convergence as approximately 15 cryptocurrency and fintech companies are reportedly applying for **crypto bank charter** status with the U.S. Office of the Comptroller of the Currency (OCC). This move signals a crucial phase for the industry, indicating a desire for deeper integration into the traditional financial system. […]

Urgent Senate Banking Committee Vote on Key Financial Nominees: What’s at Stake?

March 31, 2025 coinpulse_staff

Heads up, finance enthusiasts! The Senate Banking Committee is gearing up for a pivotal vote this Thursday at 10 a.m. EST. This isn’t just another routine meeting; it’s a crucial session that could significantly shape the future landscape of financial regulation in the US. Reporter Eleanor Terrett broke the news on X, highlighting the key […]

Huge Relief for Crypto: OCC Ends Reputational Risk Barrier for Banks

March 20, 2025 coinpulse_staff

In a move hailed as a significant win for the cryptocurrency industry, the Office of the Comptroller of the Currency (OCC) has decided to remove a controversial hurdle that has long restricted banks from fully engaging with digital assets and crypto companies. This pivotal decision centers around the elimination of the reputational risk assessment criteria, […]