OCC Chief: Banks Blocking Crypto Custody Is 'Recipe for Irrelevance' – Decrypt
In brief Comptroller of the Currency Jonathan Gould told the Blockchain Association’s policy summit that preventing banks from crypto custody is ‘a recipe for irrelevance.’ The OCC chief’s remarks rebuke banking trade groups opposing pending crypto charter applications from several crypto firms National trust banks already hold nearly $2 trillion in nonfiduciary custodial assets, representing...
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