OCC Says Federally Chartered Banks May Participate In Blockchain Networks
Blockchain2021-01-05
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After recently allowing them to offer cryptocurrency custody services for customers and engage in certain stablecoin activities, the Office of the Comptroller of the Currency (OCC) has now clarified in a letter that federally chartered banks and thrifts may "participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities."
Source: RTTNews
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