The Office of the Comptroller of the Currency (OCC) has published a letter issuing stablecoin regulation guidelines. Guidance is reserved only for stablecoins held in hosted wallets controlled by a trusted third party. In a significant step for crypto adoption, the Office of the Comptroller of the Currency (OCC) has published a letter, approving national banks' and federal savings associations' authority to hold "reserves" on behalf of customers who issue stablecoins. Acting Comptroller of the Currency Brian P. Brooks announced: National banks and federal savings associations currently engage in ... (full story)