US Treasury okays five crypto national bank charter applications

[Endeavor Fitness]

A major breakthrough in crypto has happen as the US Treasury has allowed 5 Crypto companies to basically operate like banks. The new banks won’t be able to accept cash deposits or issue loans to customers, but OCC chief Jonathan Gould said they “provide access to new products, services and sources of credit to consumers, and ensure a dynamic, competitive and diverse banking system.”


Bank Charter Approval for 5 Crypto Companies