📢 US banks simplify working with cryptocurrency – OCC reduces regulatory pressure!
🚀 Banks can now provide custody services for crypto assets and participate in stablecoin management without prior regulatory approval!
✅ OCC (Office of the Comptroller of the Currency) allows banks to hold reserves for stablecoins, participate in blockchain verification, and provide custodial services.
💰 This opens new opportunities for integrating cryptocurrencies into the traditional financial system.
⚖️ The regulator emphasizes: strict risk control remains a priority.
🔻 In 2022, after the collapse of Terra, the regulator warned about the risks associated with stablecoins. However, now the OCC aims to foster the crypto industry under reasonable regulation.