Cryptopolitan
2020-09-22 12:54:25

OCC Guidance Letter – Stablecoin reserves custody allowed to the US banks

OCC has announced that stablecoin issuers are now allowed to deposit reserves at federal banking institutions SEC specifies that they must be structured and sold as securities, and promises leniency if issuers approach them for assistance These actions provide much necessary regulatory guidance to the industry The Office of the Comptroller of the Currency (OCC) […]

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