Search the Community
Showing results for tags 'banking'.
Found 1 result
-
Cryptocurrencies to be accepted by Federally Chartered Banks
James posted a topic in Encryption.chat
Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities https://www2.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities and other bank-permissible functions. “While governments in other countries have built real-time pa