OCC Permits National Banks to Hold Crypto for Gas Fees and Experiments

The Office of the Comptroller of the Currency (OCC) has officially permitted national banks to hold cryptocurrency on their balance sheets for paying network gas fees and conducting crypto-related experiments, marking a significant step toward integrating digital assets into traditional banking. OCC’s interpretive letter confirms banks can use crypto for permissible activities like fee payments [.] Source:.
https://bitcoinethereumnews.com/crypto/occ-permits-national-banks-to-hold-crypto-for-gas-fees-and-experiments/

Leave a Reply

Your email address will not be published. Required fields are marked *