Crypto Long & Short: Traditional and Crypto Markets Are Starting to Converge
The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.
The industry body is calling for a "coordinated and graduated approach" to the regulation of digital assets throughout the country.
The move by the Thai SEC is just the latest action by the regulator as it works to provide a framework for crypto in the nation.
An order by the New Jersey Bureau of Securities had already been delayed once.
Authorities are also contemplating a capital threshold for crypto exchanges and education requirements for the executives at the firms, Bloomberg said, citing an unnamed official.
The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely.