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Crypto Regulation: Banks Can Use Public Blockchains

Crypto Regulation: Banks Can Use Public Blockchains

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A brand-new expository letter from the Office of the Comptroller of the Currency leads the way for stablecoins as well as public blockchains to be totally incorporated in the monetary facilities.

This episode is funded by Nexo.io.

Yesterday, the Office of the Comptroller of the Currency launched Interpretive Letter 1174. The letter permits banks to get involved as nodes in “independent node verification networks” (which you could much better called blockchain networks) in addition to use stablecoins for repayments negotiation.

In this episode of The Breakdown, NLW considers:

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