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The OCC has confirmed certain crypto-related activities are legally permissible and expects banks conducting these activities do so with appropriate risk management processes in place.

194,444 Aufrufe • vor 1 Jahr •via X (Twitter)

10 Kommentare

Profilbild von GodofThunderShx
GodofThunderShxvor 1 Jahr

$SHx #Stronghold #ISO20022 #ACH

Profilbild von Dan Ryder - primedefi.com
Dan Ryder - primedefi.comvor 1 Jahr

Stablecoins are the foundation of the crypto ecosystem. But they’re not flawless. Do you know what makes one stablecoin reliable and another risky? Understanding reserves, transparency, and the mechanics behind these tokens could mean the difference between confidence and chaos in your portfolio. Which stablecoins do you trust the most and why?

Profilbild von Bluelights
Bluelightsvor 1 Jahr

$TEL the 🌎

Profilbild von KreativeKontrl
KreativeKontrlvor 1 Jahr

A HUGE step in the right direction. Thank you @USOCC

Profilbild von Ian Kane
Ian Kanevor 1 Jahr

The guidance and clarity the crypto industry needs. 😎

Profilbild von exarep🆙🇺🇸
exarep🆙🇺🇸vor 1 Jahr

@MrManXRP Positive moves

Profilbild von Alan
Alanvor 1 Jahr

@Ripple @BankofAmerica we’re waiting!

Profilbild von Grimace
Grimacevor 1 Jahr

I hope no one uses this but I think this will bring crypto to retail unfortunately

Profilbild von ILUVUXRPnXLM
ILUVUXRPnXLMvor 1 Jahr

This is getting better and better.

Profilbild von JW 🇺🇸
JW 🇺🇸vor 1 Jahr

@VincentSco72192

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🔥🔥🔥 The recent OCC statement is financial history in the making! What’s written there validates so much of what we’ve been analysing about Stronghold, and even about networks like Stellar and Ripple. For the first time, the US regulator states plainly, banks can hold crypto on their balance sheet, pay network fees, and operate directly on blockchains as a normal part of banking activity. I’m not sure everyone fully grasps the scale of this 😅 Banks not only can, they MUST be connected to different ledgers whenever those networks form part of permissible banking activities. The regulator describes DLTs as “new ways of conducting the very old business of banking”, and that says everything. It means blockchains are no longer a technological experiment; they’re being treated as natural extensions of the financial system. The document goes even further by stating that a bank may be unable to perform certain functions if it lacks the capacity to operate on these networks. If the payment, settlement, swap, or record is happening on a specific ledger, the bank needs to be there and it needs to operate using the native token, because that’s how fees are paid, transactions are validated, and consensus is reached. For the OCC, this is simply part of how a modern bank should function. And because each ledger works under its own rules — Ethereum with gas, Stellar with path payments, Ripple with ODL — the OCC explicitly acknowledges that banks will need to hold small amounts of multiple crypto-assets whenever this supports permitted activities. To test platforms, settle movements, reconcile internal wallets, execute client instructions… all of it requires presence on the networks and tokens to operate. This vision opens the door to something far bigger, a financial system where banks are connected to several DLTs simultaneously, each one serving a different purpose. Liquidity, messaging, FX, settlement. And if banks need to be on these networks, they also need the layers that link them together, translate data, maintain compliance, and ensure all of this can coexist with traditional standards. This is where the entire ecosystem of utility tokens and interoperable networks takes on renewed importance. 🔥 HUUUGE! 🔥 🧠 Know what you hold! $SHx $XLM $XRP #DigitalAssets #ISO20022 #Crypto #RWA

StrongSHx

28,507 Aufrufe • vor 10 Monaten