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U.S. banking agency gives blockchain bank OpenReserve initial OK to operate

Published Source: CoinDeskRead original

Crypto Insight Summary: The Office of the Comptroller of the Currency granted a provisional charter to the new full-service bank, adding it to the growing mix of crypto-native institutions. Crypto Insight Analysis: Direction: Bullish ETH / Neutral BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory approval for blockchain bank boosts institutional adoption of crypto services.

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U.S. banking agency gives blockchain bank OpenReserve initial OK to operate — Crypto Insight