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cryptonews 2020-10-07 10:20:32

US Regulator To Clarify Whether Banks Can Hold Monero & Other Privacy Coins

The US Office of the Comptroller of the Currency (OCC) is about to take another step in helping local banks to deal with the Cryptoworld. Brian Brooks, Acting Head of the OCC, confirmed that they hope to clarify whether cryptocurrencies, in particular privacy tokens, such as monero (XMR), zcash (ZEC), are permissible assets for banks to hold, trade or lend. However,

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