🔥 OCC Says U.S. Banks Can Hold Crypto for Gas Fees!
The U.S. OCC has given a new rule.
Now banks in America can keep some crypto with them.
They can use this crypto to pay network or gas fees when they work on blockchain platforms.
Earlier, banks were not sure if they could do this.
Now the rule is clear ✔️
Banks can hold small amounts of crypto, but they must follow safety rules.
💡 My simple opinion:
This is a good step for the crypto world.
When banks also start using crypto, more people will trust it.
It will help stablecoins and blockchain services grow in the future.
The GENIUS stablecoin law also supports this change.
Now stablecoin transactions will become easier, because banks can pay the fees directly with the crypto they hold.
⚡ Overall, this news is positive for the whole crypto market.