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US regulator that oversees banks like JPMorgan wants to curb how they engage with crypto

Published by Ana Grabundzija on CryptoSlate

The US Office of the Comptroller of the Currency (OCC), recently issued Interpretive Letter 1179 that revises previously released guidelines for banks engaging in certain cryptocurrency related activities.

Previous interpretive letters, issued by the OCC in 2020 and 2021, which opened up US banks to crypto, thus received an additional clarification that imposes new supervision.

By issuing the letter, the federal bank regulator l....

Read More: CryptoSlate


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