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johnd • Jun 9, 2020, 1:57 pm EDT

‘Inherently Borderless’; Acting OCC Chief On Crypto, State Licenses & DeFi

Brian Brooks, the former Coinbase legal chief, took office as Acting Comptroller of the Currency (OCC) at the end of May, barely two and a half months after being appointed First Deputy at the federal banking agency. In that time he’s already publicly suggested a federal payments charter for fintech companies, asked state and local governments to consider lifting COVID-19 lockdowns to protect the banking system and published a request for public input on how banks look at crypto. The first proposal might be Brooks’ most ambitious: creating a federal regulatory framework for tech firms offering some services traditionally offered by banks,

johnd • Jul 9, 2019, 1:54 pm EDT

Rising Institutional Investment Setting Standard For Crypto Growth

Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020. What makes these years different from ones prior is the speed of professionalization taking place in the markets, according to our sources. Oliver von Landsberg-Sadie, CEO of BCB – a financial services group with digital asset specialism, drew comparisons on the various bull runs experienced over bitcoin’s (BTC) lifecycle, with the exception given to this year’s fundamental growth. “The 2013 bubble was driven by technocrats and dark web trawlers and the 2017 rally was led by the whims of

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