OCC : US NATIONAL BANKS MIGHT ALLOW CRYPTOCURRENCIES TO SETTLE TRANSACTIONS

Highlights:

• US OCC considering the probability of banks offering cryptocurrency services nationally in the US.
• Making cryptocurrencies an acceptable way of the transaction will ease settlements.

One of the biggest challenges for cryptocurrencies is i...

US banks' hesitance to loan money may have caused repo stun

[LONDON] The reluctance of the main four US banks to loan money joined with an explosion of interest from flexible investments for verified financing could clarify an ongoing spike in US currency showcase rates, the Bank for International Settlements said. Money accessible to banks for momentary ...