Banking

OCC: Banks need to show they can handle stablecoin, crypto threat


The Office of the Comptroller of the Currency today released a legal analysis of letters provided in July and October 2020, and January 2021 to clarify that a bank might lawfully participate in specific cryptocurrency, dispersed journal and stablecoin activities, if it can show to the supervisory workplace this can be carried out in a “safe […]

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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