⚖️ OCC encourages community banks to issue stablecoins
The Office of the Comptroller of the Currency (OCC) is encouraging U.S. community banks to apply for authorization to create stablecoins. This could expand the supply of dollar-backed digital currencies and affect liquidity in the crypto market.
#CryptoNews
Source: The Defiant · https://thedefiant.io/converge/regulation/occ-encourages-community-banks-to-become-stablecoin-issuers
The Office of the Comptroller of the Currency (OCC) is encouraging U.S. community banks to apply for authorization to create stablecoins. This could expand the supply of dollar-backed digital currencies and affect liquidity in the crypto market.
#CryptoNews
Source: The Defiant · https://thedefiant.io/converge/regulation/occ-encourages-community-banks-to-become-stablecoin-issuers
