OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
news.bitcoin.com
by Terence Zimwara
August 21st, 2020
Excerpt:
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over the interests of powerful banks that may be against the rise of cryptocurrencies.
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