OCC today released Optimizing Incentives, Resilience and Stability in Central Counterparty Clearing, a paper on risk and capital management.
Click HERE to find out ⭐ OCC Issues Interpretive Letter on Banks and Stablecoins, SEC Comments on its Position Regarding Digital Assets. | Crowdfund Insider: Global Fintech News, including Crowdfund
The OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.

Fed plan to reform CRA at odds with OCC rule

03:22pm, Monday, 21'st Sep 2020
The central bank's proposal to overhaul the Community Reinvestment Act differs markedly from the OCC's regulation in testing, data collection and other areas.
Optical Cable Corporation (NASDAQ:OCC) Q3 2020 Earnings Conference Call September 10, 2020 10:00 AM ET Company Participants Aaron Palash - Joele Frank, Wilkinson, Brimmer, Katcher, Managing Director N
The Electro Optic share price has reached higher today after the company announced a resumed major overseas contract worth $150 million.

Opinion | Fintech Can Come Out of the Shadows

11:13pm, Wednesday, 09'th Sep 2020
Firms that make loans and process payments should be chartered and regulated as national banks.
The Electro Optic share price has shot higher in mid-afternoon trade following the company's announcement of its new counter drone solution.
The Electro Optic share price rose more than 5% today. We take a closer look at what's been driving this Aussie defence contractor higher.
The issuance of a banking charter to digital bank Varo this month could inspire US fintechs to reconsider their strategies, according to Michael Breslin, partner and Fintech Industry Team chair, Kilpa

States sue FDIC over 'rent-a-bank' partnerships

07:35pm, Thursday, 20'th Aug 2020
A group of eight Attorneys General filed suit against an FDIC final rule related to ‘rent-a-bank’ partnerships, mirroring a similar suit filed against the Office of the Comptroller of the Currency
The Office of the Comptroller of the Currency is overstepping its authority in granting charters to fintechs and other companies that don’t take deposits.
The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

Would McWilliams stay on at FDIC if Biden wins?

02:34pm, Tuesday, 18'th Aug 2020
Jelena McWilliams's term as FDIC chair expires in 2023, and she cannot be removed by an incoming president. But if Joe Biden prevails, he may ask her to stay — and if she does, governing a Democrati
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