Generative Data Intelligence

Tag: OCC

The SEC’s Next Key Courtroom Battles With the Crypto Industry

Posted September 5, 2023 at 7:00 am EST. The Securities and Exchange Commission’s (SEC) track record in crypto enforcement actions had once been...

Fed Reveals New Rules for How US Banks Can Interact With Stablecoins and Crypto Assets – The Daily Hodl

The U.S. Federal Reserve says its state member banks need to ask for permission before interacting with stablecoins. The Fed published a regulation letter on...

U.S. Federal Reserve Starts Program to Oversee Banks Crypto Activities

The U.S. central bank defined how it plans to oversee banks that are engaged with firms involved with crypto asset and blockchain-related activities....

Web3 Wallets and Centralization: Can They Coexist?

Web3 wallets have become a crucial tool in the new era of the Internet, where decentralization, blockchain, and cryptocurrencies are at the forefront of innovation. A...

Billion-Dollar Bank Pays $15,000,000 for Decade of ‘Deceptive Practices’ Against Its Customers – The Daily Hodl

A US-based bank is handing over $15 million after being accused of engaging in deceptive practices against its customers for at least a decade. The...

Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal

The United States-based crypto advocacy group Blockchain Association has submitted a letter to the Securities and Exchange Commission’s (SEC) Office of Inspector General calling...

EDX Markets reportedly drops Paxos as planned custodial partner

EDX Markets, a nascent crypto exchange supported by Charles Schwab, Fidelity, and Citadel Securities, has reportedly ended its intended association with Paxos and is...

US Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator – The Daily Hodl

Acting Comptroller of the Currency Michael J. Hsu just issued a fresh warning about potential risks to the US banking system. In a new statement...

FDIC Orders OKCoin to Halt ‘Misleading Representations’ of Deposit Insurance Status

The US Federal Deposit Insurance Corp. (FDIC) has ordered OKCoin to remove misleading statements that suggest that its customers' accounts were insured through the government agency. FDIC...

OKCoin Accused by FDIC of Making False Claims About Customer Protections

The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin...

NEC to supply East Micronesia Cable System (EMCS)

TOKYO, Jun 06, 2023 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has signed a contract with FSM Telecommunications Cable Corporation (FSMTCC), based...

Cboe Digital receives nod for margin trades on its crypto futures exchange

Cboe Digital, a major options exchange in the United States, has had its application to offer margined futures contracts for Bitcoin (BTC) and Ether...

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