Browsing: national trust banks

Latest national trust banks news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
Crypto Custody: OCC Chief Defends Innovation in Banking

Crypto custody is becoming an essential focus within the evolving landscape of digital assets, as regulators and banking institutions grapple with its implications for innovation and stability.Recently, the Office of the Comptroller of the Currency (OCC) has emphasized that restricting national trust banks from engaging in crypto custody presents a “recipe for irrelevance.” This statement comes amidst a surge in interest regarding banking regulation and the role of stablecoins in the financial ecosystem.