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OCC Affirms Banks May Hold Crypto to Pay Network Fees


New OCC guidance ignites momentum for banks by clearing a path to hold limited crypto-assets for essential network fees, unlocking faster blockchain payments, sharper operational efficiency and broader participation in emerging financial rails across institutions. OCC Guidance Sparks Fresh Momentum...

Report: Paxos Seeks US Trust Bank License From OCC


Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported. If approved, Paxos would convert its current New York limited purpose trust charter into a federal...

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