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 its acceptability as a legal alternative to fiat money. However, there is a glimmer of hope for the cryptocurrencies. With the banks in the US looking ....