On December 9, the Office of the Comptroller of the Currency (OCC) released Interpretive Letter No. 1188, officially allowing national banks to engage in "risk-free principal transactions" involving crypto assets under specific conditions. Banks can act as risk-neutral intermediaries, simultaneously conducting equal reverse transactions with two customers without holding asset inventories, playing a role similar to that of traditional brokers. This represents a significant easing of regulations regarding banks' participation in the crypto market in the United States. The letter includes three core requirements: first, to implement zero-position hedging, banks must immediately match reverse orders after completing unilateral transactions, ensuring that they always hold no crypto assets on their books to avoid price volatility risks; second, to clarify the business nature, such matching services fall under the "incidental powers" permitted by the National Bank Act, and banks do not need to apply for additional special licenses; third, to emphasize compliance baseline, banks must establish a complete anti-money laundering (AML), cybersecurity, and third-party risk control system before conducting business, and must fulfill reporting procedures to the OCC. This policy has opened a pathway for traditional financial institutions like JPMorgan Chase and Bank of America to provide crypto services, allowing them to offer Bitcoin and Ethereum spot matching services in a low-risk manner. Following the policy implementation, the market reacted positively, with the price of Bitcoin (BTC) quickly surpassing $93,000, and Ethereum (ETH) simultaneously climbing to the $3,200 level.
#中本聪 Currently, the most promising meme coin on Binance for listing on Binance Alpha is undoubtedly not Satoshi Nakamoto. The narrative is unbeatable, long-term narrative, high popularity in the square, strong consensus, currently ranked fourth in wallets $币安人生 $客服小何 $WIF #YGG
#中本聪 Currently, the most promising meme coin on Binance for listing on Binance Alpha is undoubtedly not Satoshi Nakamoto. The narrative is unbeatable, long-term narrative, high popularity in the square, strong consensus, currently ranked fourth in wallets $币安人生 $客服小何 $WIF #YGG
Do not focus on whether interest rates will be cut tomorrow Because the interest rate cut is already a done deal, the most important thing to focus on is the hawkish rate cut? After the interest rate announcement, will Powell make harsh remarks, first offering sweetness, then highlighting the continued risk of future rate cuts, and the old topic of inflation! That is a huge negative factor, making next year's rate cut very difficult. What if after the rate cut the topic of stimulus is brought up again, it will instantly go to 10 w#美联储重启降息步伐
#中本聪 The spirit of Satoshi Nakamoto is the ultimate belief in the crypto world
The white paper of 2008 ignited the fire of the decentralized revolution. The spirit of Satoshi Nakamoto has never been about following trends or speculating on coins, but rather a dedication to financial freedom and a resistance against centralized hegemony.
He reconstructed trust with code, making 'private key equals sovereignty' a consensus; combating inflation with a cap of 21 million coins, and breaking monopolies through open-source collaboration. Today, as the market fluctuates, we should reflect on our original intentions—reject manipulation, uphold transparency, and believe in the power of technology.
True belief is the inheritance of this purity and determination. What does the spirit of Satoshi Nakamoto mean to you? Let's chat in the comments~$币安人生 #币安链 $PEPE
#meme板块关注热点 🌲 Today I suddenly thought of the online meeting I saw last night in the #中本聪 community live stream, which made me feel the strength of the #中本聪 community in the future, thumbs up for the #中本聪 community👍🏻 Of course, there are also many quality meme coins, For example, the #SURDO on the Ethereum chain is very good, everyone can pay attention to it and can hold a little, its Chinese name is 🤣 silly B, which has a lot of emotional value🌹👍🏻
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