One of the independent agencies of the United States Department of the Treasury, called the Office of the Comptroller of the Currency, has ruled through a statement about the use of stablecoins as a mechanism to issue payments in cryptocurrencies.
The measure directed exclusively to regulated banks…
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national banks
BCV urged banks to stop services and payment operations in foreign currency
The Central Bank of Venezuela (BCV) issued a statement on Friday, October 9, in which it establishes the suspension of banking products or services that facilitate payments for goods and services in foreign currency in the country.
In the…
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…