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 OCC acting head compares crypto asset intermediaries to corrupt bank

OCC acting head compares crypto asset intermediaries to corrupt bank


Published: 2024-02-23


1. Comparison of Crypto Asset Intermediaries to Corrupt Banks: The main focus of the article revolves around the Acting Head of the Office of the Comptroller of the Currency (OCC) comparing crypto asset intermediaries to corrupt banks. The Acting Head,Michael Hsu,highlighted the potential risks associated with crypto asset intermediaries and emphasized the need for regulatory oversight to prevent illicit activities.

2. Concerns about Regulatory Gaps in the Crypto Industry: Hsu expressed concerns about regulatory gaps in the crypto industry,particularly related to stablecoins and decentralized finance (DeFi). He mentioned the need for closer scrutiny and regulation of these sectors to ensure consumer protection and financial stability.

3. Regulatory Challenges and the Role of the OCC: The article delves into the regulatory challenges faced by the OCC in overseeing the rapidly evolving crypto industry. Hsu discussed the complexity of regulating crypto assets and the importance of collaborating with other regulatory bodies to address potential risks and gaps in the current regulatory framework.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 64,834.89 2,414,171,281.07
2 ARS title=ARS 1,090.80 1,729,909,753.00
3 ETH title=ETH 2,947.01 1,027,865,538.20
4 SOL title=SOL 158.32 803,796,008.66
5 PEPE title=PEPE <0.01 471,860,258.26
6 BOME title=BOME 0.01 311,104,733.13
7 WIF title=WIF 2.82 250,321,572.69
8 DOGE title=DOGE 0.15 227,922,374.51
9 PEOPLE title=PEOPLE 0.05 176,037,939.95
10 XRP title=XRP 0.52 175,642,406.78
11 NEAR title=NEAR 7.98 172,754,582.00
12 FTM title=FTM 0.78 164,231,024.40
13 RUNE title=RUNE 6.44 159,855,509.55
14 FLOKI title=FLOKI <0.01 153,981,329.35
15 ENA title=ENA 0.67 123,883,800.76
16 RNDR title=RNDR 10.04 123,790,437.16
17 BONK title=BONK <0.01 109,865,877.84
18 AEVO title=AEVO 0.80 95,425,098.07
19 JTO title=JTO 4.53 89,877,855.90
20 WLD title=WLD 4.82 88,752,104.49
21 SUI title=SUI 1.03 78,793,374.13
22 SEI title=SEI 0.55 60,018,083.13
23 AVAX title=AVAX 34.03 57,368,102.68
24 AR title=AR 43.75 48,024,272.05
25 ORDI title=ORDI 36.92 47,187,468.91
26 JUP title=JUP 1.13 46,809,891.99
27 ADA title=ADA 0.46 46,074,639.65
28 STX title=STX 1.97 43,479,410.47

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Jito title=JTO 4.53 +11.81
2 Fantom title=FTM 0.78 +10.15
3 Loom Network (NEW) title=LOOM 0.09 +7.88
4 Chromia title=CHR 0.33 +6.54
5 Theta Fuel title=TFUEL 0.10 +6.31
6 BEAMX title=BEAMX 0.02 +5.68
7 Tensor title=TNSR 0.87 +5.08
8 0x Protocol title=ZRX 0.49 +4.94
9 Lisk title=LSK 1.96 +4.80
10 Sei title=SEI 0.55 +4.79
11 Reserve Rights title=RSR <0.01 +4.33
12 Theta Network title=THETA 2.14 +4.23
13 THORChain title=RUNE 6.44 +4.10
14 Conflux title=CFX 0.21 +3.94
15 Vanar Chain title=VANRY 0.19 +3.86
16 Sui title=SUI 1.03 +3.82
17 BinaryX [OLD] title=BNX 1.03 +3.62
18 Raydium title=RAY 1.67 +3.22
19 Osmosis title=OSMO 0.84 +2.85
20 Verge title=XVG <0.01 +2.56
21 Solana title=SOL 158.32 +2.51
22 Neutron title=NTRN 0.67 +2.49
23 Numeraire title=NMR 27.02 +2.43
24 DIA title=DIA 0.47 +2.12
25 NEAR Protocol title=NEAR 7.98 +2.10
26 Biconomy title=BICO 0.47 +2.10
27 High title=HIGH 4.80 +2.06
28 Enzyme title=MLN 21.01 +1.99
29 Hifi Finance title=HIFI 0.78 +1.98
30 Decred title=DCR 19.71 +1.97

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 ConstitutionDAO title=PEOPLE 0.05 -10.93
2 Ethena title=ENA 0.67 -7.43
3 Renzo title=REZ 0.11 -6.96
4 Stacks title=STX 1.97 -6.93
5 Render title=RNDR 10.04 -6.77
6 Pyth Network title=PYTH 0.42 -6.60
7 BENQI title=QI 0.02 -6.56
8 VeThor title=VTHO <0.01 -6.15
9 Ether.fi title=ETHFI 3.25 -6.14
10 Algorand title=ALGO 0.17 -5.96
11 Arweave title=AR 43.75 -5.80
12 Axelar title=AXL 1.00 -5.71
13 IDEX title=IDEX 0.06 -5.65
14 Bonfida title=FIDA 0.28 -5.46
15 Optimism title=OP 2.35 -5.39
16 Keep3rV1 title=KP3R 72.91 -5.37
17 dForce title=DF 0.04 -5.30
18 DataBot title=DATA 0.05 -5.18
19 W 0.54 -5.12
20 Rocket Pool title=RPL 19.51 -5.06
21 Badger title=BADGER 4.11 -5.02
22 Viction title=VIC 0.42 -4.99
23 Kadena title=KDA 0.79 -4.92
24 GMX title=GMX 30.58 -4.85
25 Ampleforth Governance title=FORTH 3.86 -4.85
26 Starknet title=STRK 1.09 -4.80
27 Lido DAO title=LDO 1.59 -4.68
28 Illuvium title=ILV 81.15 -4.63
29 CyberConnect title=CYBER 7.51 -4.56
30 REI Network title=REI 0.07 -4.56

Bitcoin's Greed and Fear Index.

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70
Greed

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at news day date time
1 FOMC Member Bostic Speaks Thursday 16-05-2024 20:50
2 CB Leading Index m/m Friday 17-05-2024 15:00
3 FOMC Member Waller Speaks Friday 17-05-2024 15:15
4 FOMC Member Daly Speaks Friday 17-05-2024 17:15
5 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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Asset backed token DAOs Dolarization How does Bitcoin workInflation Proof of work Stablecoin The Rise and Future of Bitcoinmarket capitalization ponzi scheme
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