U.S. Banking Agencies Signal Closer Review of Cryptocurrency Activities
Data Matters
DECEMBER 1, 2021
On November 23, 2021, the Office of the Comptroller of the Currency ( OCC ) published Interpretative Letter No. The Letter specifically highlights that there may be different legal and compliance obligations for stablecoin activities depending on how the particular stablecoin is structured, noting that “certain stablecoins may be securities.”
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