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Showing posts from September, 2020

##US Banks Can Hold Reserves for Stablecoins: Treasury Office

  FREE Signals Mobile App - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                 Visit - https://t.me/cryptosignalalert For more latest update on Cryptocurrency, Free Bitmex ByBit Binance future signals with 80-90% accuracy & Binance future ByBit trading BOT which does trades automatically in your account join above given Telegram group The US Office of the Comptroller of the Currency (OCC) has given the green light for national banks and federal savings associations to hold reserves for stablecoin issuers. In brief The US Office of the Comptroller of the Currency has officially clarified that stablecoin issuers may hold reserve in national banks and federal savings associations. Several stablecoin issuers already hold fiat reserves in national banks. According to the OCC's interpretive letter, reserve accounts can either be funded through deposits from the stablecoin issuer or the stablecoin holders. The Office of the Comptroller of the Curre

##U.S. Federal Regulators Allow Banks To Back Digital Dollar Stablecoins

 FREE Signals Mobile App - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                 Visit - https://t.me/cryptosignalalert For more latest update on Cryptocurrency, Free Bitmex ByBit Binance future signals with 80-90% accuracy & Binance future ByBit trading BOT which does trades automatically in your account join above given Telegram group The Office of the Comptroller of the Currency (OCC) has issued its second letter this afternoon allowing U.S. financial institutions to back digital dollar stablecoins under the leadership of Acting Comptroller Brian Brooks. This letter permits U.S. financial institutions to hold deposits as reserves for stablecoins that represent fiat currency such as the U.S. dollar. The CC regulates large national banks such as Wells Fargo and J.P. Morgan Chase, so the guidance from this agency only applies to ‘National Associations’ and ‘Federal Savings Banks’. In coordination with the OCC, a statement from the Securities and Ex

Is this right Time to buy Bitcoin?

  FREE Signals Mobile App - https://play.google.com/store/apps/details?id=com.freecryptosignals.app                 Visit - https://t.me/cryptosignalalert For more latest update on Cryptocurrency, Free Bitmex ByBit Binance future signals with 80-90% accuracy & Binance future ByBit trading BOT which does trades automatically in your account join above given Telegram group With the latest drop in the price of bitcoin, the cryptocurrency is about $ 1,000 less than its value at the end of August. Despite the recent brief surge in bitcoin's price that pushed it past the $ 11K barrier, the top cryptocurrency is in a period of great volatility. Although the price of bitcoin had a slightly bullish week, it does not show the same behavior today as weeks ago when it rose for the first time in the year above the $ 12,000 mark. Many agree that this movement in price is a good thing and that for the first time in about six months, bitcoin's technical charts are showing buying signals. W