OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
The chief economist of the Office of the Comptroller of the Currency (OCC), a banking regulator within the U.S. Treasury, believes issuing national bank charters to “fintech shadow banks” could bring “substantial advantages.”In a paper titled “Chartering the FinTech Future,” Charles Calomiris set out how stablecoin providers chartered as
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