OCC's Approval Of Crypto Charters Faces Pushback From Banking Lobbyist Groups | Bitcoinist.com

The Office of the Comptroller of the Currency (OCC) recently sparked a wave of criticism from traditional finance groups following its approval of conditional bank charters for five cryptocurrency ...

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OCC's Approval Of Crypto Charters Faces Pushback From Banking Lobbyist Groups | Bitcoinist.com

Source: Bitcoinist.com

The Office of the Comptroller of the Currency (OCC) recently sparked a wave of criticism from traditional finance groups following its approval of conditional bank charters for five cryptocurrency firms: Ripple, Circle, BitGo, Paxos, and Fidelity. Stablecoins Seen As Direct Threat Following the OCC’s announcement, industry stakeholders quickly voiced their concerns. Traditional banks expressed apprehension […]