Payments Source

JANUARY 5, 2021

The digital currency and related distributed-ledger technologies could "enhance the efficiency, effectiveness and stability of the provision of payments," according to an interpretive letter issued by the Office of the Comptroller of the Currency.

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Office of the Comptroller of the Currency OCC Stablecoins Process 105

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SEPTEMBER 23, 2020

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Deutsche Bank plans close 20 percent of its branch offices in Germany.

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OCC Office of the Comptroller of the Currency Stablecoins Reconciliation 85

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SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. Acting Comptroller of the Currency Brian P.

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Office of the Comptroller of the Currency Stablecoins Fraud Prevention OCC 68

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NOVEMBER 19, 2020

Bitcoin has been trending upward in recent months, with more mainstream accolades and many worldwide governments looking at starting digital currency programs. In another example, the Fed is working with MIT to look into ways to implement digital coins into the infrastructure.

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Bitcoin Office of the Comptroller of the Currency Cryptocurrency Stablecoins 105

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DECEMBER 24, 2020

If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Dollars Done Digitally. For now, simply exploring the feasibility of digital fiat is top of mind. It all depends on how you look at it — and where you look, of course.

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AUGUST 3, 2020

.” So it may seem like a big leap in the world of payments for a bank to be built on the foundations of blockchain and digital assets — but as Long pointed out, Avanti will be far from the only one to operate in the space, even in the U.S.

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SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

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