New data reveals that banks from around the globe have been fined $14 billion in money laundering and operating violations over the course of the …
The departing leader of the Office of the Comptroller of the Currency is convinced that the future of finance is blockchain-native, per a conversation with …
An online future for finance is inevitable, says OCC’s Brooks Read More »
Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The …
Digital ruble could be still vulnerable to fraud, Russian banks warn Read More »
In an opinion piece published in the Financial Times on Tuesday, Acting Comptroller of the Currency Brian Brooks put forward the need to reconfigure banking …
OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking Read More »
The dollar value of Bitcoin (BTC) jumped 20% overnight leading into Jan. 12, as the world’s most well-known cryptocurrency recovered swiftly from a 27% decline …
Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut Read More »
Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital asset custody services with a new investment. According to a …
Korea’s Shinhan Bank makes strategic investment in crypto custody consortium Read More »
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan …
Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology. According to …
Vietnamese bank issues its first letters of credit on the blockchain Read More »
Eight states and the District of Columbia are suing the national bank regulator over a rule change that just came into effect. Per a Jan. …
States sue the OCC and Brian Brooks for overriding their controls on predatory lending Read More »
Cryptocurrency prices jumped Monday evening as digital asset markets reacted positively to a letter published by the U.S. Office of the Comptroller of the Currency …
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains – CoinDesk Read More »
