Law360 (June 2, 2021, 8:28 PM EDT) — The Office of the Comptroller of the Currency’s acting chief told reporters on Wednesday his agency will be taking another look at its recent decisions to greenlight several cryptocurrency companies for federal banking charters, saying “everything’s on the table” as part of a broad review.
In a press briefing call, acting Comptroller Michael Hsu said he wants OCC staff to think big-picture as they revisit the agency’s Trump-era interpretive letters addressing cryptocurrency activities at national banks as well as bank charter applications that are pending or already conditionally approved.
“I’ve instructed the team everything’s on the table, just let’s think about…
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