Michael Zogot pfp
Michael Zogot
@michaelzogot.eth
šŸš€ US eases crypto rules for banks! šŸ“¢ The Office of the Comptroller of the Currency (OCC) has allowed banks to work with crypto assets without additional approvals! šŸ”¹ Now federal banks can: āœ… Store cryptocurrency šŸ’° āœ… Work with stablecoins šŸ”— āœ… Participate in blockchain networks šŸ“”
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Michael Zogot pfp
Michael Zogot
@michaelzogot.eth
āš” What does this mean? The simplification of rules will reduce the burden on banks and create a unified approach to cryptocurrency operations. However, risk control will remain strict. This would truly be a breakthrough if American bank customers could directly buy and store cryptocurrency in their banks.
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