Big news for banks and cryptocurrency! The government agency that oversees banks, the OCC, just said banks can do more things with cryptocurrency. This means banks might start helping people keep their crypto safe and even use special crypto money called 'stablecoins'.
It's like getting permission to play a new game! The OCC used to make banks ask for extra permission first. Now it's easier for banks to get involved.
This could mean more people can easily use cryptocurrency.
- Banks can now more easily help keep your cryptocurrency safe.
- They might also handle special cryptocurrencies designed to be stable.
- The government made it simpler for banks to work with crypto.
| What Happened | Details |
|---|---|
| OCC's decision | Banks can offer more crypto services |
| Impact | Easier for banks to help with crypto |
