New in Cryptocurrency

The OCC to let national banks provide crypto custody services!

OCC

According to a public letter from Senior Deputy Comptroller and Senior Counsel Jonathan Gould any national bank can hold cryptographic keys for their clients.

OCC

This marks a new era for cryptocurrencies, because before that was only allowed to a specialist firm with a state license (e.g. Coinbase).

This will surely add competition amongst the banks to provide custodial services and hopefully more services such as exchanges. It is major news for adoption!

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AWANKASH
AWANKASH

Crypto enthusiast and trader


New in Cryptocurrency
New in Cryptocurrency

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