OCC Affirms That U.S. Banks Have Permission to Serve as Middlemen for Cryptocurrency Deals
The Office of the Comptroller of the Currency (OCC) has announced that U.S. banks are allowed to act as intermediaries for crypto transactions. The OCC stated that banks can engage in “riskless principal” transactions involving crypto assets and would not receive scrutiny from the regulator. U.S. Banks Can Act As Intermediaries for Crypto Transactions: OCC […]