The former acting head of the OCC, Brian Brooks, may have been the most innovative banking regulator in US history. Learn why in this wide-ranging interview.
Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.
The last day of the year is normally pretty quiet as far as news goes but LendingClub had two major...
Here are the most read news stories from our daily newsletter today: OCC chief expects SWIFT-like bank-to-blockchain connections in 3...
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This week the FDIC, OCC, and the Fed produced a 68-page interagency report detailing how banks should manage third-party relationships.
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This week, we look at:
How banks and financial advisors have failed to deliver on $1 trillion in capital appreciation for their clients over the last 12 years
The role of bank regulators in the United States, and the tensions between state and federal agencies
How the OCC is laying the groundwork for national banks to custody crypto assets, bank stablecoin reserves, run blockchain nodes, and use crypto payment networks
And instead of financial advisors or other CFAs guiding the retail market in good decision making, a newsfeed of *what’s popular* has driven Apple, Google, Tesla and the other John Galt hallucinations to the stratosphere. Don’t get us wrong. We love the robot as much as the next Fintech commentator. But it is clear to us that “the masses” are not being “advised”. And that the capital appreciation that matters — cementing the next trillion dollar networks for global future generations in work yet to emerge — is misunderstood and misrepresented by most financial professionals to their clients.
Sometimes more is more, and sometimes less is more.
In that spirit, we strongly urge you to check out Messari’s Crypto Theses for 2021. It is a mammoth work of 134 pages, covering each and every development in the ecosystem.
If you don’t want to fuss around with the email gate, the direct link is here.
We are going to pick out five things that are interesting to us substantively and provide a view below. By pick out, we mean screenshot and respond.
Here are the most read news stories from our daily newsletter today: Why FinTechs Are Declaring Victory In PPP Loans...
After three long years and more than 5,000 pages of paperwork Varo Money has officially secured a national bank charter;...