On September 21, 2020, the U.S. Office of the Comptroller of the Currency (OCC), the regulatory agency charged with overseeing banks, published an interpretive letter clarifying national banks’ and federal savings associations’ authority to hold “reserves” on behalf of customers who issue certain stablecoins. Generally, a stablecoin is a type of cryptocurrency designed to have a stable value as compared with other types of cryptocurrency, which frequently experience significant volatility. One type of stablecoin is…
Latest Posts
- US Regulator Allows Banks to Hold Deposits Backing Stablecoins
- Crypto-Mom Says SEC Settlement with Unikrn Stifles Innovation And It Should Use a Safe-Harbor in Cases Where There Are No Allegations of Fraud
- Bahamas to Launch Central Bank Digital Currency
- Bank of England Governor Speaks About the Future Shape of Stablecoin Regulation
- Three Swiss Companies Conduct the First Automated Travel Rule Compliant Bitcoin Transaction in Switzerland
- U.S. SEC Approves the First Full Securities Registration for a Company Issuing Crypto-tokens
- Boontech Founder, Pavithran, Charged With Fraudulent ICO and Registration Violations
- Singapore MAS Proposes New Regulation for Singapore Persons Performing Digital Token Services Outside Singapore
Recent
On September 15, 2020, the U.S. Securities and Exchange Commission announced charges against Unikrn Inc., an operator of an online…
Around the New Year, we posted about the pilot program launched in the Bahamas for its central bank…
Bank of England Governor Speaks About the Future Shape of Stablecoin Regulation On 3 September 2020, Andrew Bailey,…
On August 20, 2020, three Swiss companies, 21 Analytics, Crypto Finance AG, and Mt. Pelerin, conducted a live…
INX Limited, a Gibraltar-based private company formed in 2017, announced on August 24 that the U.S. Securities and…
On August 13, 2020, the U.S. Securities and Exchange Commission announced charges against Virginia-based Boon.Tech and its chief…