Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

Fraudsters Are Impersonating a US Federal Agency by Sending Emails to Ask for Bitcoin Wallet KeysU.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to […]

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Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC

Anchorage Obtains Federal License to Operate as Crypto Bank From the OCCThe U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital […]

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US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator

US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking RegulatorThe U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded through deposits from stablecoin issuers or deposits from individual stablecoin […]

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