Remove Capital Remove National Remove Regulation Remove Wyoming
article thumbnail

Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis Firms

PYMNTS

financial regulators represent the interests and needs of the nation and its financial services stakeholders,” according to a statement. The possible law is expected to be similar to the Special Purpose Depository Institutions (SPDI) law passed in Wyoming. “By promoting knowledge-sharing on innovation in financial services, U.S.

Colorado 102
article thumbnail

How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

America 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

America 52
article thumbnail

From Farce to Menace

Independent Banker

It’s yet another disturbing proposal from the National Credit Union Administration to bureaucratically finagle its way around Congress and federal law. Talk about your captive regulator! By Camden R. Fine, President and CEO of ICBA. So here we go again. When credit unions say “jump,” the NCUA says, “how high?”.