New Strides in Crypto-Asset Regulation

On November 23, 2021, the Office of the Comptroller of the Currency (OCC) released Interpretive Letter 1179 (the “Letter”), which is the culmination of a review of prior Interpretive Letters on cryptocurrency and related activities. The Letter sets forth a process that requires a notice and non-objection before a national bank or federal savings association (collectively, “Banks”) may engage in such activities......
By: Morrison & Foerster LLP

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