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US bank regulator calls for balanced Bitcoin approach

Tuesday 11 August 2015 10:49 CET | News

The Office of the Comptroller of the Currency (OCC) has called for a balanced approach to regulation governing financial technology development in the US.

The head of OCC cited Bitcoin as one such example. The agency has put together a working group that will develop a framework to evaluate new and innovative financial products and services.

The working group, was launched to address that perception and any reality that might lie behind it. The head of OCC also called on regulators to view new ideas with an open mind and not dismiss them immediately.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, mining, US, regulator, Office of the Comptroller of the Currency
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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