United States OCC Work Director: Crypto Storage Licensing System Review

[WE. OCC Superintendent: Crypto Foreign Information Custody License Program] Golden Financial Announces New US Monetary Commission (OCC) Executive Director Michael Hsu to Consider Crypto Approval Tuesday -currency by the Senate Banking Committee. Cryptographic Archiving License Program. He told the US Senate committee that some of the previous crypto initiatives were not "shared by all parties." However, he added that he supports fintech enterprise licensing. In short, Hsu said licensing would not solve the problem if fintechs refuse to issue licenses because they are safe, sound and unethical. It is hoped that all FinTech companies approved by the OCC will be able to meet the financial needs of consumers and businesses and support the main mission of support capacity.