OCC’s Gould Welcomes ‘Legally Permissible’ Crypto-Banking Ties
The head of the Office of the Comptroller of the Currency, Jonathan Gould, has expressed his desire to eliminate the stigma surrounding "legally permissible" activities between banks and the digital asset industry. Gould believes that there is a "two-tiered system" that currently exists, which he wants to address. The article suggests that Gould is open to fostering closer ties between traditional banking and the cryptocurrency sector, as long as these activities are legally compliant. This stance indicates a potential shift in the regulatory approach towards the integration of digital assets and traditional finance. Gould's comments highlight the ongoing efforts to bridge the gap between the traditional financial system and the emerging digital asset ecosystem, with the aim of creating a more inclusive and transparent financial landscape.
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