🇺🇸Green light for crypto for national banks in the USA
⏺The largest banks in the USA have received official permission from the OCC to act as intermediaries in cryptocurrency transactions
✔️The head of the OCC said: "there are no reasons to avoid digital assets, they do not threaten stability in any way; on the contrary, crypto can give traditional finance a new life. The banking system has come a long way from telegraph to blockchain - it must continue to evolve"
😇Back in 2021, banks, under the threat of losing their licenses, were afraid of any operations related to crypto companies or crypto (this was a "red flag" for the regulator) and the main barrier was: investor-market
✅Since then, even national banks can offer their clients crypto services. This creates a safe, familiar, regulated bridge to crypto for American investors (during periods of growth, euphoria, and green sticks, any bank's client will be able to instantly become a market participant). The mechanism for mass adoption of crypto is being launched not at an "experimental level", but at the level of a full-fledged financial market, which is becoming part of the American economy
