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Read More »How an Updated Payments Charter Could Aid Digital Assets
New acting comptroller of the Office of the Comptroller of the Currency (OCC) Brian Brooks announced that this coming fall season, banks can expect to see what the OCC is calling the new Payments Charter 1.0, which could potentially provide service in the interest of both fintech and cryptocurrencies.A Payments Charter Is What’s Needed to Help Banks and Crypto AlikeAs it stands, the way the U.S. government works is that banks are required to earn money-transmitting certificates dependent on...
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