United States: OCC Issues Interpretation On Independent Node Verification Networks And Stablecoins - Cadwalader, Wickersham & Taft LLP

Mondaq

11 Jan 2021 0 shares 2 views

United States: OCC Issues Interpretation On Independent Node Verification Networks And Stablecoins - Cadwalader, Wickersham & Taft LLP

Mondaq

Published 11 Jan 2021

In an interpretive letter, the OCC clarified that banks may (i) serve as participants, or "nodes," in Independent Node Verification Networks and (ii) use related stablecoin transactions to conduct payment activities,

Full Article

United States: OCC Permits National Banks And Federal Savings Associations To Use Independent Node Verification Networks And Stablecoins For Payment Activities - Morrison & Foerster LLP

As part of the Office of the Comptroller of the Currency's (OCC) declared effort[1] to keep pace with a mounting demand for faster,..

Mondaq 18 Jan 2021

United States: OCC Issues Interpretation Of Preemption Standards - Cadwalader, Wickersham & Taft LLP

The OCC issued a "comprehensive" interpretation of preemption standards and procedural requirements.

Mondaq 05 Jan 2021

United States: OCC Issues Interpretation On Independent Node Verification Networks And Stablecoins - Cadwalader, Wickersham & Taft LLP

United States: OCC Issues Interpretation On Independent Node Verification Networks And Stablecoins - Cadwalader, Wickersham & Taft LLP

You might like

Related news coverage

United States: OCC Permits National Banks And Federal Savings Associations To Use Independent Node Verification Networks And Stablecoins For Payment Activities - Morrison & Foerster LLP

United States: OCC Issues Interpretation Of Preemption Standards - Cadwalader, Wickersham & Taft LLP

Advertisement