1d ago
OCC Authorizes National Banks to Hold Crypto Assets for Operations
The Office of the Comptroller of the Currency issued Interpretive Letter 1186 on November 18, authorizing national banks to hold native crypto assets and pay blockchain network fees. The guidance enables banks to acquire tokens needed for transaction fees and testing purposes on distributed-ledger networks. Banks may now hold assets on networks including Ethereum, Solana, and Avalanche for operational requirements rather than speculative positions.
1d ago
11-15
Altcoin Market Cap Falls to $1.4 Trillion as Bitcoin Drops Below $100,000
The altcoin market capitalization contracted to $1.4 trillion from $1.8 trillion in late October, erasing $400 billion in value as Bitcoin fell below $100,000. Major tokens including Ethereum, XRP, and BNB recorded weekly losses ranging from 1.8% to over 6%. Technical indicators show 72 of the top 100 cryptocurrencies now trade at least 50% below their all-time highs, according to Galaxy Research data.
11-15