I. Introduction - The Office of the Comptroller of the Currency (“OCC”) continues along its cautious course of allowing fintech and digital asset firms into the.
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.
In a new report, the Congressional Research Service reviewed the federal and state bank charter process and analyzed risks associated with potential charters for FinTech firms and certain issuers of cryptocurrency.
Sebastian Souchet is a law clerk in the Financial Services Group. Sebastian earned his J.D., magna cum laude, from Fordham University School of Law, where he was a member of the Fordham Law Review, a Mary Daly Scholar, and was elected to the Order of the Coif.