Composite legal advice: banks' crypto storage business is a big gamble

According to Bloomberg Law, compounds specialist Jake Chervinsky, "has confirmed that the Office of the Superintendent of Finance (OCC) is working on cryptocurrency operations." First, the bank must measure whether there are enough customers to justify the operating costs and compliance with business controls. In addition, the security of the storage of digital assets is very difficult, and one mistake can lead to permanent loss of money for the user.