Experts respond to landmark decision enabling US banks to offer crypto



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Surname symbol market Market capitalization ($) algorithm
Bitcoin BTCUSD Crypto 202,279,238,841 SHA-256d
price change Price change % Current price price offer offer
-10.91 -0.10% 10,969.69 10,969.68 10,969.69
High price Low price Open price Back close 52 week range
10,995.00 10,956.48 10,980.60 10,980.60 3,596.00 – 12,883.48
exchange Last trade size Retail price currency
GDAX 01:19:44 0.008165 10,969.69 U.S. dollar

Experts are responding to pioneering decisions that allow US banks to offer crypto

07/28/2020 03:36 PM

Coin rivet

The U.S. Department of Currency Examiner (OCC) has released a letter that gives banks the freedom to hold cryptocurrency assets on behalf of their customers. This is a big step forward in the mass adoption of cryptocurrencies as it may open up the asset class to millions of people in North America. However, banks may not be interested in offering common digital assets like Bitcoin and Ethereum right away, as CBDCs or bespoke bank tokens like JP Morgan's coin are more likely to be offered. The central bank's digital currencies have been the focus of intense debate over the past 12 months, with the Bank of England and Banque of France beginning testing …
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