The OCC must act before banks lose out on the crypto custody market
Banks and their regulators have a narrow window to reckon with custody modernization.
americanbanker.com/opinion/cry…
#FinTech #FinServ #Banking #CryptoCurrency
The OCC must act before banks lose out on the crypto custody market
On-chain infrastructure is making idle balances obsolete. The OCC needs to act before banks lose the ability to compete in a market where consumers no longer tolerate below-market-rate returns.TuongVy Le (American Banker)