OCC approves banks' "risk-free" crypto transactions. What's next?
Regulators are building a coherent framework for banks to conduct business on-chain.
JinseFinanceRegulators are building a coherent framework for banks to conduct business on-chain.
JinseFinanceWhat are the implications of the frequent regulatory actions taken by the US SEC and OCC? This article from Jinse Finance focuses on the recent regulatory actions of the US SEC and OCC.
JinseFinanceSimilar to the role of Coinbase or Binance, national banks in the United States can directly provide intermediary services for cryptocurrency trading to their clients.
JinseFinanceOCC to Host Groundbreaking Symposium on Cryptocurrency and Tokenisation, Highlights ‘Emerging Chasm’ and Urges Responsible Innovation
BitcoinworldThe ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
FinboldIf the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
FinboldThe Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.
FinboldAnchorage hinted that the OCC’s actions could help establish a regulatory precedent that would encourage other companies in the space to establish federally regulated digital asset banks.
CointelegraphThe bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks.
CointelegraphAccording to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins.
Cointelegraph