When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for the company’s investors. The […]
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Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over the interests of powerful banks that may be against […]
The post OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation appeared first on Bitcoin News.
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The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related to custody services.” Banks Authorized to Offer Crypto Custody Services The OCC announced […]
The post US Regulator Green-Lights Banks for Cryptocurrency Custody Services appeared first on Bitcoin News.
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