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US currency accountant to step up its game with new Office of Financial Technology 2023 By Cointelegraph


US currency accountant will improve its game with new Office of Financial Technology for 2023

The United States Office of the Comptroller of the Currency (OCC), announced Oct. 27, that it will establish an Office of Financial Technology within the next year. The Office of Innovation, established in 2016, will be part of the new office. It will be headed by a chief financial tech officer, who will report directly to the senior deputy comptroller responsible for bank supervision policy.

The OCC This describes itself as the U.S.’s “preeminent prudential supervisor.” It is an independent bureau of the Treasury Department and also charters financial institutions. Michael Hsu is the Acting Comptroller and Controller of the Currency In a statement