Why US banks were just told they can only hold crypto to pay for gas fees
An unnamed national bank has asked the Office of the Comptroller of the Currency for permission to hold crypto on its own balance sheet to support blockchain-based services. On Nov. 18, the OCC fin...
Source: CryptoSlate
An unnamed national bank has asked the Office of the Comptroller of the Currency for permission to hold crypto on its own balance sheet to support blockchain-based services. On Nov. 18, the OCC finally answered. In Interpretive Letter 1186, the agency confirmed that national banks may hold the native assets needed to pay blockchain “network […]