Foreign Correspondent: The US OCC has decided to allow banks to trade cryptocurrencies on behalf of consumers during Trump's presidency.

According to people familiar with the matter, in the final days of Trump's presidency, the Office of the Secretary of the Treasury (OCC) quietly decided that banks could legitimize trading in the bodies of their customers. The undisclosed move could open the door for banks to become more active in the cryptocurrency gold industry. Sources familiar with the matter said in January this year that the OCC Justice Office announced that banks would be allowed to temporarily hold cryptocurrencies if they released a buyer or the seller at the other end of the line. the exchange. Marketing to consumers. The move is part of a review of crypto confidence in Paxos' first-ever franchise deal, even though the company no longer holds cryptocurrency for its own account. (Politics)