US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier By Cointelegraph


US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier

Two United States government financial officials gave speeches on Sept. 7 in which they expressed their positions on crypto regulation. Both had reservations about crypto.

Michael Barr, who was recently appointed United States Federal Reserve Board vice chair for supervision, made his first speech in his new capacity at the Brookings Institute. Acting Comptroller of the Currency Michael Hsu, reiterated his feelings about crypto at the annual conference of The Clearing House and Bank Policy Institute.