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About OCC Archives - Markets Wired

About OCC Archives - Markets Wired
marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.

US Bank to Offer Crypto Custody Following Investment in Securrency

US Bank to Offer Crypto Custody Following Investment in Securrency April 28, 2021 @ 1:47 pm By JD Alois US Bank has announced that it will commence providing custody of digital assets. Last year, all banks received clarity from the Office of the Comptroller of the Currency when the regulator published a letter outlining the ability for chartered banks to handle cryptocurrency. At that time, acting Comptroller of the Currency Brian P. Brooks, commented: “From safe-deposit boxes to virtual vaults, we must ensure banks can meet the financial services needs of their customers today. This opinion clarifies that banks can continue satisfying their customers’ needs for safeguarding their most valuable assets, which today for tens of millions of Americans includes cryptocurrency.”

Lawmakers clash over OCC rule validating loan sales to nonbanks

Lawmakers clash over OCC rule validating loan sales to nonbanks
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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