Tag: Banks

ReutersAugust 6, 2020
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4min140
BEIRUT (Reuters) – Lebanon’s central bank instructed banks and financial institutions on Thursday to extend exceptional dollar loans at zero interest to individuals and firms impacted by the Beirut port explosion that caused huge damage across the capital. Tuesday’s blast was the most powerful in years in Lebanon, which is already reeling from an economic […]

CointelegraphAugust 3, 2020
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3min190
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities In response to a request for comment on potential rules from the Office of the Comptroller of the Currency (OCC), many major players in crypto have written in, asking the regulator to expand the authorizations it gives banks to handle cryptocurrencies and use […]

CointelegraphAugust 1, 2020
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3min210
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31 Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. The concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs […]

CointelegraphJuly 31, 2020
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3min240
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31 Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. The concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs […]

CointelegraphJuly 30, 2020
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3min180
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers […]

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13min420
The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers extended to storing cryptographic keys associated with the currencies.  In its letter, […]


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