Yesterday, in a watershed decision by the US Office of the Comptroller of the Currency, crypto-asset custody firms can now procure a banking charter in the U.S.
The major difference brought about by the decision is bypassing the bitlicense and trust co. charter. The banks will have a significant advantage over the current scheme of things.
According to Caitlin Long, a crypto entrepreneur leading the blockchain revolution in the U.S. state of Wyoming and founder of Avanti Bank this is positive news for customers and crypto VCs. She tweeted,
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https://coingape.com/future-bank-stablecoin-disruptor/