OCC Allows National Banks To Hold Cryptocurrency | Dechert LLP – JDSupra – JD Supra

OCC Allows National Banks To Hold Cryptocurrency | Dechert LLP – JDSupra – JD Supra

[co-author: Devon Roberson] Until the letter’s publication, federal banking regulators had not issued formal guidelines on the safekeeping of digital assets. The lack of guidance from federal regulators, including the OCC, has been an obstacle to the development of the cryptocurrency industry. Although prior to the letter, the OCC did not explicitly prohibit national banks […]

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