News list for " comptroller"
Coinbase today sent a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors (Fed), and the Federal Deposit Insurance Corporation (FDIC), asking regulators to confirm whether banks are free to provide services to cryptocurrency businesses and clarify the current status of banking services in the crypto industry. In the letter, Coinbase asked the OCC to withdraw an explanatory letter that it believes "effectively sets a new banking activity applicati...
Recently, Alabama Comptroller Andrew Sorrell publicly proposed the establishment of a Strategic Bitcoin Reserve (SBR), which is based on the growing interest in SBR among federal and state policymakers, as well as the sharp increase in bitcoin prices following the election of President Trump (who campaigned on a platform of support for bitcoin policy). In addition, he said that the establishment of SBR has three main goals: portfolio diversification, cryptocurrency-friendly positioning, and prot...
