Don’t Expect Banks to Jump on the OCC Crypto Custody News

2020-7-24 17:48

The OCC's ruling means nationally chartered banks can now custody crypto. But, given relatively low level of institutional interest, don't count on services appearing soon.

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Фото:

As U.S Greenlights Banks to Hold Crypto, Is XRP on the Cusp of Highly Benefiting From This?

The news that U.S. Banks are now allowed to hold cryptocurrency has caused a ‘ripple effect’ in the industry. Announced by the Office of the Comptroller of the Currency (OCC), headed by former Coinbase executive Brian Brooks, the news marks a new development in the industry, where crypto custody was once towered by the likes […]

2020-7-24 21:53


US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians

U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […]

2020-7-22 21:40