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Category: Banking
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Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Former Ripple advisor set to become Comptroller of the Currency: WSJ
President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency.
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An online future for finance is inevitable, says OCC’s Brooks
Brooks considers the migration of the financial system onto the internet “inevitable.”
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OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers.
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States sue the OCC and Brian Brooks for overriding their controls on predatory lending
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending.
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A storm is brewing between state regulators and the OCC over fintech licensing
A major network of state banking regulators is renewing its attack on the OCC’s moves to register non-depository institutions.
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Goldman Sachs to utilize JPM Coin for repo trades
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice.
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Today’s clients demand that banks show cybersecurity chops, says JPMorgan leader
New technology also means new responsibilities. Security is key in the digital age.
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OCC works to win back House Democrats, still miffed at leader’s focus on crypto
Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks.
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