In the past year, the Board of Governors of the Federal Reserve System (the Board) Biden administration officials, and other U.S. banking regulators have repeatedly voiced growing.
A flurry of legal and enforcement activity has arisen over the last two weeks across a wide range of areas in the Web3 space, including actions by the Securities and Exchange.
I. Introduction - As we note in our companion memorandum, the Office of the Comptroller of the Currency (“OCC”) continues along its cautious course of allowing fintech a.
The Office of the Comptroller of the Currency OCC continues along its cautious course of allowing fintech and digital asset firms into the so-called regulatory perimeter. The most recent action is the approval of a full, deposit-taking charter for a fintech lender.