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The Office of the Comptroller of the Currency has removed the requirement for banks to consider reputational risk when dealing with clients in the cryptocurrency sector.
The OCC clarifies that federally regulated banks can now engage in cryptocurrency-related activities without prior approval.
Details on Trump's latest nominations for essential crypto regulatory positions show a focus on experienced candidates.
The recent changes in leadership at key U.S. financial regulatory agencies may favor the cryptocurrency sector, according to experts.
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