US Federal Regulator Allows Banks to Issue or Use Stablecoins for Payments
The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.
Source: US Federal Regulator Allows Banks to Issue or Use Stablecoins for Payments
Little Known DeFi Token OverTakes MakerDAO in MCap, Is YFI Next?
Bitcoin Sell Off Intensifies after Major Coronavirus Covid Breakthrough
50% of Bitcoin CME Open Interest is Set to Expire Friday; What This Could Mean
About Author
Harry Gill
Harry is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets and Journalism he decided to become a half time trader half time journalist in the financial and cryptocurrency sector.He can be contacted at harry.gill@cryptonewspipe.com