OCC Issues Interprestive Letter on Banks and Stablecoins, SEC Comments on its Position Regarding Digital Assets

https://www.crowdfundinsider.com/2020/09/167045-occ-issues-interprestive-letter-on-banks-and-stablecoins-sec-comments-on-its-position-regarding-digital-assets/

The Office of the Comptroller of the Currency (OCC), part of the US Department of Treasury, has issued an interpretive letter pertaining to banks and federal savings entities pertaining to “certain stablecoins.” Stablecoins are digital currencies that are based on a fiat currency or specific… Read More

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The Economist Calls China’s CBDC the Anti-Bitcoin

https://www.crowdfundinsider.com/2020/04/160585-the-economist-calls-chinas-cbdc-the-anti-bitcoin/

While everyone expects the People’s Bank of China to launch a limited trial of its Central Bank Digital Currency (CBDC) or Digital Currency Electronic Payment (DCEP) as it is called in the country questions have frequently emerged as to how the government will utilize the… Read More

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