⚖️ Digital Assets Move Closer to Federal Banking
The OCC says digital firms can pursue national bank status, but approval still depends on meeting regulatory requirements. Existing national trust banks have already been authorized for activities such as digital-asset custody and settlement.
For $ETH and $BTC, the bigger story is the continued development of regulated market infrastructure.
#occsaysdigitalfirmscanseeknationalbankstatus
The OCC says digital firms can pursue national bank status, but approval still depends on meeting regulatory requirements. Existing national trust banks have already been authorized for activities such as digital-asset custody and settlement.
For $ETH and $BTC, the bigger story is the continued development of regulated market infrastructure.
#occsaysdigitalfirmscanseeknationalbankstatus