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OCC letter – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 22 Sep 2020 14:00:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png OCC letter – DIGIT INFO https://www.digit.info 32 32 US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator https://www.digit.info/us-banks-can-now-hold-reserves-for-stablecoin-issuers-says-federal-banking-regulator/ Tue, 22 Sep 2020 14:00:10 +0000 https://www.digit.info/2020/09/22/us-banks-can-now-hold-reserves-for-stablecoin-issuers-says-federal-banking-regulator/ Read more]]>

US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking RegulatorThe U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded through deposits from stablecoin issuers or deposits from individual stablecoin […]

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