Congress need not intervene to regulate tokenization, says Acting Comptroller Hsu

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Quick Take

  • Acting Comptroller of the Currency Michael Hsu said last week that he does not believe “congressional involvement is required” when it comes to tokenized deposits. 
  • The OCC has been focused on looking in to the “tokenization of real-world assets and liabilities.” 
Acting Comptroller of the Currency Michael Hsu said that congressional intervention is unnecessary for regulating tokenized deposits.
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