Browsing Tag

financial organizations

US regulator authorizes banks to hold reserves for stablecoins

Banks and financial entities authorized by the Federal Government will have the approval of the Office of the Comptroller of the Currency (OCC) of the United States in order to maintain stablecoins reserves. According to a letter published recently by the Office of the Currency Controller (OCC),…

Blockchain continues to change the financial scenario

The projections for this year and for the long term with regard to blockchain technology in the banking sector are positive. Analysts believe that more than 50% of banks and financial institutions will use it widely by 2020. It will be…