US Banks Cleared For ‘Riskless’ Crypto Transactions Following OCC Letter | Bitcoinist.com

In a new major breakthrough for the digital asset industry in the United States, the Office of the Comptroller of the Currency (OCC) announced on Tuesday that national banks are permitted to engage...

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US Banks Cleared For ‘Riskless’ Crypto Transactions Following OCC Letter | Bitcoinist.com

Source: Bitcoinist.com

In a new major breakthrough for the digital asset industry in the United States, the Office of the Comptroller of the Currency (OCC) announced on Tuesday that national banks are permitted to engage in “riskless principal transactions” involving crypto-assets. This confirmation comes through the issuance of Interpretive Letter 1188, which outlines the guidelines for such […]