OCC’s Hsu endorses federal standards for money transmission licenses
Acting Comptroller of the Currency Michael Hsu said the bankruptcy of Synapse earlier this year highlights regulatory gaps around the state-based licensing of businesses that transfer money.
Presidential race remains tight leading into Wednesday morning
Former President Donald Trump showed strength in most of the battleground states, but most of the critical swing states remained too close to call as of early Wednesday morning.
Pro-crypto House member wins Senate seat in California
Adam Schiff, known as a pro-cryptocurrency lawmaker, has also introduced bills that would regulate "revolving door" employment at banking regulators.
Bank stocks rise as investors await election results
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.