Bank Charter

OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter

<div class=”featured_image_container”> </div> <strong>The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize the firm’s future banking plans.</strong> …

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OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation

Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as … read …

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