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The Office of the Comptroller of the Currency (OCC) has approved national banks to engage in riskless principal crypto-asset transactions, allowing them to act as intermediaries by buying and selling digital assets without holding inventory.
This landmark decision, alongside recent FDIC and OCC guidance removing prior notification requirements, clears a path for banks to offer custody, stablecoin reserves, and blockchain payment services safely. These developments under the Trump administration signal accelerating mainstream integration of crypto into traditional banking.
#CryptoRegulation #BankingInnovation #DigitalAssets #Blockchain #OCCApproval
This landmark decision, alongside recent FDIC and OCC guidance removing prior notification requirements, clears a path for banks to offer custody, stablecoin reserves, and blockchain payment services safely. These developments under the Trump administration signal accelerating mainstream integration of crypto into traditional banking.
#CryptoRegulation #BankingInnovation #DigitalAssets #Blockchain #OCCApproval
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The U.S. bank regulator opens the door for banks to hold #Bitcoin and cryptocurrencies... to pay network fees
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Imagine the moment that changes the game forever:
The Office of the Comptroller of the Currency (OCC), the primary regulator of national banks in the United States, issues new guidance announcing loudly: **Now, banks can hold Bitcoin and other cryptocurrencies directly on their balance sheets... not just for investment, but to pay blockchain network fees!**
Imagine the moment that changes the game forever:
The Office of the Comptroller of the Currency (OCC), the primary regulator of national banks in the United States, issues new guidance announcing loudly: **Now, banks can hold Bitcoin and other cryptocurrencies directly on their balance sheets... not just for investment, but to pay blockchain network fees!**
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