Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Riya143 on July 23, 2020, 08:08:53 PM

Title: Banks in US Can Now Offer Crypto Custody Services, Regulator Says
Post by: Riya143 on July 23, 2020, 08:08:53 PM
The Office of the Comptroller of the Currency (OCC) is letting all nationally chartered banks in the U.S. provide custody services for cryptocurrencies.

In a public letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency wallet, clearing the way for national banks to hold digital assets for their clients.
Read More: https://www.coindesk.com/banks-in-us-can-now-offer-crypto-custody-services-regulator-says