The US banking agency cuts the ‘reputation risk’ in the test after the encryption sector quotes the problem.

The US National Banks have heard that there is no need to answer any more ways to make a controversial customer to damage their reputation by the monetary officer’s office. The point of claiming that it was accused of being accused by cryptocurrency companies and insiders claimed that they were criticized.

OCC is removing this element from the director’s handbook, the agency said in a Thursday statement.

The composer of the Rodney Hood currency, “OCC’s test procedure is always rooted in ensuring the proper risk management process for banking activities.

Jerome Powell, chairman of the Federal Reserve, made a similar promise at the Congress hearing last month that the Fed will cut the category investigation at the internal director’s manual.

OCC is moving to alleviate the route of compliance with the banks participating in the encryption business. Recently, to handle the digital asset business line, the bank has erased the previous guidelines that the bank asked to receive prior approval from the agency.

Bank regulators may soon have a permanent field faced by President Jonathan Gould next week. OCC’s head of OCC tends to be faster and more decisively than other financial regulators. This is because the person operates as the only authority without a commission or a board of directors.