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Banks Can Intermediate Bitcoin Transactions Without Holding Inventory

Key Insights The Office of the Comptroller of the Currency (OCC) confirmed recently that national banks possessed the authority to engage in riskless principal crypto-asset transactions. Institutions can now intermediate customer trades without taking price risk or holding digital assets in inventory. Interpretive Letter 1188 established that national banks could act as principals in crypto-asset [...]The post Banks Can Intermediate Bitcoin Transactions Without Holding Inventory appeared first on The Coin Republic.

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