OCC Approves Banks to Engage in Cryptocurrency Services
The Office of the Comptroller of the Currency has paved the way for banks to participate in cryptocurrency services, requiring them to demonstrate trustworthiness.
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The Office of the Comptroller of the Currency has paved the way for banks to participate in cryptocurrency services, requiring them to demonstrate trustworthiness.
Global banks are moving away from spot cryptocurrencies, now holding only 2.46% in such assets.
Banks are reigniting their interest in digital assets, evaluating critical factors before their reintegration into the market.
The OCC clarifies that federally regulated banks can now engage in cryptocurrency-related activities without prior approval.
Vivek Raman, founder of Etherealize, discusses his transition from banking to cryptocurrency and how he aims to promote Ethereum's adoption among major financial institutions.
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