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The Office of the Comptroller of the Currency has confirmed that banks are permitted to engage as crypto intermediaries

The United States Office of the Comptroller of the Currency (OCC), according to a letter released on December 9, is giving banks the ability to carry out riskless principal transactions related to crypto assets.  The document clarifies that TradFi banks that had been dipping their toes in via pilots can now go for full-scale crypto [...]

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