OCC
OCC stands for The Office of the Comptroller of the Currency which is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.
Augustus Wins OCC Approval to Build AI-Powered Stablecoin Bank
Augustus Bank secures OCC conditional approval to create a U.S. national bank leveraging AI and stablecoins for real-time clearing.
Kraken Parent Payward Files for OCC Charter to Enable Banking Services
Kraken's parent company Payward applies for an OCC charter, aiming to establish a national trust company for regulated digital asset custody.
Circle Comments on OCC's GENIUS Act Stablecoin Rules
Circle weighs in on the OCC's proposed GENIUS Act rules, pushing for strong U.S. standards to guide global stablecoin adoption.
Coinbase Seeks Federal Trust Charter, Denies Banking Plans
America's largest crypto exchange joins Circle, Ripple, and Paxos in race for federal oversight as stablecoin regulations reshape industry
Meet the UK Soccer Team Backed by Bitcoin
Real Bedford, a new English lower league club, has been significantly boosted by a Bitcoin investment from the Winklevoss twins. The twins, known for their role in Facebook and the Gemini crypto exchange, aim to help Real Bedford climb the soccer league pyramid.
Oracle to Launch Two New Cloud Regions in Morocco to Drive Digital Transformation
Oracle will open two Oracle Cloud Regions in Morocco to enhance digital transformation and innovation.
Surge in Generative AI Interest: Insights from Twitter Discussions
A recent study titled "Public perception of generative AI on Twitter: an empirical study based on occupation and usage" unveils a broad spectrum of sentiments and uses of generative AI across various occupations, highlighting the technology's impact and ethical considerations.
Binance to Airdrop $3 Million BNB to Aid Morocco Earthquake Victims
Binance Charity has pledged to airdrop up to $3 million in BNB to affected users in the Marrakesh-Safi Province of Morocco. The airdrop will be based on Proof of Address (POA) submissions, with users who completed their POA by 9 September 2023 eligible for a $100 BNB airdrop. Binance has extended a grace period for those not completing their POA between 9 September and 30 September 2023. The initiative is expected to benefit around 70,000 users in Morocco, with funds distribution starting on 12th September 2023. Binance Charity has set up a public donation address for donations.
Morocco Completed Crypto Regulation
Morocco may draft a crypto law soon. Industry stakeholders will debate the Central Bank's paper. Morocco has the fastest-growing crypto market in Northern Africa, rising from 2.4% to 3.1% in 2021. Soluna built the first blockchain wind farm in 2020.
OCC Issues Update to Organize a Virtual Innovation Office Hours
The US OCC has created virtual office hours to discuss fintech and possibly crypto-related innovations