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Thank you #CryptoComptroller @BrianBrooksOCC https://t.co/GeUk8h52Tu
— Thinking Crypto - YouTube Channel & Podcast (@ThinkingCrypto1) January 5, 2021
Read in the squeakiest voice possible:
— Preston Pysh (@PrestonPysh) January 5, 2021
“But the government is going to ban it...”
False.
In fact, they need it to work WAY more than people could ever realize.
Things are unraveling....and fast... https://t.co/s0Ld5ewIdC
This news... is probably the biggest crypto + news in... I can't even remember $BTC https://t.co/DiztNcYnwv
— Cody P. (@OddStockTrader) January 5, 2021
Progress! Federally Chartered Banks can use stable coins for settlement.
— CZ Binance (@cz_binance) January 5, 2021
Pressure is on for banks in other countries.
After they get used to this, they will also learn using #bitcoin to settle is much better still, for the banks and everyone else.https://t.co/k3yTlFU1Bb
This is game changing for all of crypto.... https://t.co/xH3KwPK5c2
— SpartanBlack (@SpartanBlack_1) January 5, 2021
? this is amazing!
— Meltem Demirors (@Melt_Dem) January 4, 2021
we need more innovation in the American banking sector - this is huge step in the right direction in keeping crypto innovation here in America! https://t.co/p5soeYSBYu
This is HUGE news. Beginning of the end of the traditional financial system. Wow... https://t.co/xz0G6GQAn8
— Marc van der Chijs (@marcvanderchijs) January 5, 2021
Kristin Smith, executive director of the Blockchain Association, said on Twitter that “the letter states that blockchains have the same status as other global financial networks, such as SWIFT, ACH, and FedWire.” https://t.co/dFuYiJk8AU
— @KMSmithDC (@KMSmithDC) January 4, 2021
1/ Breaking major news from US Treasury OCC, the largest US banking regulator (@USOCC), with new guidance allowing US banks to use public blockchains and dollar stablecoins as a settlement infrastructure in the US financial system. https://t.co/gQFWISWUnc
— Jeremy Allaire (@jerallaire) January 4, 2021
I thought this was years away at best. This is a BFD https://t.co/RDcnczkxdA
— Michael Arrington (@arrington) January 5, 2021
“Our letter removes any legal uncertainty about the authority of banks to connect to blockchains as validator nodes and thereby transact stablecoin payments on behalf of customers who are increasingly demanding the speed, efficiency, interoperability...” ~ Brian Brooks https://t.co/GpgZhb04KG
— Frank Chaparro (@fintechfrank) January 4, 2021
So how much of the recent price action is from rumors of this news leaking out to well connected people? Interesting to see major bullish news coming out right after a huge rally... https://t.co/uLAj3FZSHe
— Ross Galloway (@galloway_the) January 5, 2021
I’m confused because I want to short the bankers but now we are all basically just bankers?
— The Wolf Of All Streets (@scottmelker) January 4, 2021
Also, CBDCs are coming. https://t.co/nWYATRvU6v
HUGE NEWS:
— Farzam Ehsani (@farzamehsani) January 5, 2021
"Our letter removes any legal uncertainty about the authority of banks to connect to blockchains...and thereby transact stablecoin payments on behalf of customers.”
- OCC (US Federal Regulator)#Crypto is making its mark. https://t.co/0MRn4ToyG0
#BTC
— Mr. Anderson (@TrueCrypto28) January 5, 2021
What the banks and the regulators don’t know/realize is that #Bitcoin is a Black hole that absorbs value from accessible sources. Open the doors to the system and watch her eat.
It’s all happening just as we said it would. https://t.co/50my91Hz3r
Holy shit wasn’t this what ripple wanted so $xrp can be used as a settlement mechanism for different currencies?! https://t.co/DwwPbZ2l4G
— ?$treet ₿andito? (@street_bandito) January 5, 2021
The @USOCC issued guidance for banks to participate as validator nodes of crypto networks, setting the stage for the upgrading of US financial infrastructure.
— ? Leshner (@rleshner) January 4, 2021
This will increase access, transparency, speed and efficiency, and decrease costs of banking ?https://t.co/R6BJP3HinS
I don't think the Office of the Comptroller of the Currency has ever seen such excitement from one of its posts.
— Cryptoyieldinfo (@Cryptoyieldinfo) January 5, 2021
Can't read it now. https://t.co/KXXzNbjDvI
This is absolutely exciting for #IOTA. Clear regulations will pave the wave of adoption for Banks, Corporations and Governments to fully enter and participate in our ecosystem. https://t.co/dHmDVBzBjX
— Dominik Schiener (@DomSchiener) January 5, 2021
No Matter what we say,
— Shiv (@Shivfreespirit) January 5, 2021
USA is far better and Ahead of us when it comes to adopting new Technologies.
No Doubt why all Biggest Internet companies like @Google, @amazon @Facebook @Apple were built in USA.
https://t.co/lCv6y14DMd pic.twitter.com/zAl7RNiA1S
Huge News: The OCC will allow US banks to use #stablecoins and public #blockchains as a settlement infrastructure in the US financial system. $ZUSDhttps://t.co/c62CNfB87A
— Zytara (@zytarahq) January 5, 2021
Ok... So where do we stand with $LINK
— Crypt⬡sho (@LarryLogical) January 5, 2021
What is Chainlink'd so far:
☑️ China https://t.co/IBVcPmMwiw
☑️ USA-??? https://t.co/ZqmDTTqsLA
☑️ The WORLD https://t.co/rIgR15nqgn pic.twitter.com/xlehw1Sn5g
Incredibly significant news from the @USOCC as they issue new guidance allowing US banks to utilize public #blockchain technology and USD #stablecoins as part of their settlement infrastructure. https://t.co/WAz1Ecj0Fu
— Chamber of Digital Commerce (@DigitalChamber) January 5, 2021
US banks to use public blockchains and dollar stablecoins ?https://t.co/KP9gYR0OWf https://t.co/D8RwiwbVkC pic.twitter.com/rlgV3D8qn8
— Julien Bouteloup (@bneiluj) January 5, 2021
$tsnp $HUMBL $HUMBLpayhttps://t.co/eQf9bQ3tol pic.twitter.com/w4TDonqHTO
— Stock.it (@inversionesUSD) January 5, 2021
DeFi is about to explode https://t.co/J0EoGbBGgY
— 0xRevert (@0xRevert) January 5, 2021
Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities | OCC #Chainlink $LINK https://t.co/rNi47w3Iww
— On-Chain (@OnChainVentures) January 5, 2021
$SANP, hold ur shares for at 6-8 months, it is going to be big, read this news, 1995 was the internet, 2021 is the BLOCKCHAIN system. This is just the start. "Federal Government allows Blockchains for bank payments" news came todayhttps://t.co/FFaPlOobfDhttps://t.co/pyf4t0Hh2z https://t.co/4i6NT4khTF pic.twitter.com/nsxXNjiybg
— gary singh1_13 (@singh1_13) January 5, 2021
https://t.co/PGr9CV01K9
— 原口 一博 (@kharaguchi) January 5, 2021
「Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities」同記事
The largest US banking regulator (@USOCC) is allowing for US banks to use public blockchains & dollar stablecoins. This innovative regulation supports the wider adoption of stablecoins & blockchain solutions. #MoneyInTheRightDirection $CORX @StablecoinPAY https://t.co/NF1Yp7InI6
— CorionX - #MoneyInTheRightDirection (@CorionPlatform) January 5, 2021
This is big news. https://t.co/wdCUKR3mS1 https://t.co/DIoGvkTS4n
— Argo (@ArgoBlockchain) January 5, 2021
Regulator gives green light for banks to use blockchains and stablecoins for settlement https://t.co/uMvvHdPhIy @SiliconANGLE #Stablecoins #blockchain
— SETL (@setl_io) January 5, 2021
米国の銀行がStablecoinsのノードを実行できるようになりましたhttps://t.co/Rau46EpTZJ
— コイン海外速報 -仮想通貨ニュース- (@CoinNewsFlash) January 5, 2021
According to a letter by the OCC, federally chartered banks in the U.S. may now run nodes and facilitate stablecoin payments, but must enhance their compliance programs to "address the particular risks of cryptocurrency transactions."@ItsTwoTM reportshttps://t.co/IlWd8kkECL
— BTC Times (@btc) January 5, 2021
OCC Says Banks Can Issue Payments Using Stablecoins - @CoinDesk #JTSGlobal @justinsuntron @APompliano @MrBeastYT @elonmusk @pulte #CryptoNews #stablecoins #BTCUSD @Poloniex $TRX $JST https://t.co/e2XFx2K6LC
— #JTS?? (@JTS_Global) January 5, 2021
OCC Says Banks Can Issue Payments Using Stablecoins - CoinDesk ht @AshBennington https://t.co/N8hW4TrCLd
— Edward Harrison (@edwardnh) January 5, 2021
.@USOCC to banks: Go ahead and use stablecoins, act as blockchain nodes https://t.co/r6Z6FI5Tyl
— Nikhilesh De (@nikhileshde) January 4, 2021
JUST IN: Federally regulated banks can use stablecoins to conduct payments and other activities.https://t.co/0h7vLuKkmk
— YellowBlock (@YellowBlock_io) January 4, 2021
Banks will use the best Blockchain and products such as from @ApolloCurrency Apollo Fintech https://t.co/Dk3VJ1k4ei
— ????DAPUcases?????????????? (@DapUcases) January 5, 2021
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins https://t.co/Dgoi99r7uU via @coindesk
The Office of the Comptroller of the Currency (Federal banking regulator) has issued an interpretive letter suggesting that banks (and savings associations) in the US can run #crypto nodes and use both public blockchains and stablecoins for payments. https://t.co/VSUyrp68Hs
— Chris Donovan (@Chris_JP_D) January 5, 2021
So banks can now use "independent node verification networks" so I guess that leaves out Ethereum. https://t.co/E1PVWL7vmq
— grubles (@notgrubles) January 4, 2021
The OCC says that banks can use public blockchains as a settlement structure - BIGGEST step I’ve seen so far towards a merging of traditional and crypto markets, and MUCH sooner than I expected – thread on why this step could be both good and bad news: https://t.co/oB9NuIvxoU
— Noelle (@NoelleInMadrid) January 5, 2021
The @USOCC Says #Banks Can Issue #Payments Using #Stablecoins https://t.co/J64SdHKmrD #fintech #finserv #banking @nikhileshde @CoinDesk pic.twitter.com/1DY5ifuDND
— Spiros Margaris (@SpirosMargaris) January 5, 2021
US Federal Regulator @USOCC Says Banks Can Conduct Payments Using #Stablecoins @BrianBrooksOCC https://t.co/HqiESkN0nY via @coindesk
— Bryan Hubbard (@BryanKHubbard) January 5, 2021
US regulator: National banks and federal savings associations can use public #blockchains and #stablecoins for settlement.https://t.co/Q4qavxUl4D pic.twitter.com/JHrMO1bxqO
— ICO Drops (@ICODrops) January 5, 2021
BREAKING: US regulator: Federally chartered banks can facilitate stablecoin payments, issue their ownhttps://t.co/Ejq9L4vxd8
— The Block (@TheBlock__) January 4, 2021
A few months ago, I speculated in a video as to whether the Fed could one day use $USDC as a precursor to a dollar based CBDC. This news seems feeds to that conspiracy ?https://t.co/AiFOhtIBMN
— Coin Bureau (guy.eth)?? (@coinbureau) January 5, 2021
"Likewise, a bank may use stablecoins to facilitate payment transactions for customers on an independent node verification network, including by issuing a stablecoin, and by exchanging that stablecoin for fiat currency."
— Bilal (@bilalgorand) January 5, 2021
All on @algorand ?https://t.co/a7X6MrnmS3
US regulator: Federally chartered banks can facilitate stablecoin payments, issue their own - The Block https://t.co/wAGPdZMNu3
— ? ΞASY-ＸＲＰ? (@EASYXRP) January 5, 2021
The new @SWARM DApp for fundraising via STO's and managing reg compliant security tokens will accept USDC for investor contributions.
— Token Addict (@TokenAddict) January 5, 2021
A form of payment as stated by OCC as "cheaper, faster, & more efficient" means of payment"
Powered by SWARM $SWMhttps://t.co/rUOF3YhYMc
This new banking regulation is superb news for @MRPHSupplyChain and many others: https://t.co/fIpszee4aX #regulation $MRPH
— trippledutch (@trippledutch) January 5, 2021
US regulator: Federally chartered banks can facilitate stablecoin payments, issue their own https://t.co/rmZy1bHych
— Frank Chaparro (@fintechfrank) January 4, 2021
#BTC
— Mr. Anderson (@TrueCrypto28) January 5, 2021
What the banks and the regulators don’t know/realize is that #Bitcoin is a Black hole that absorbs value from accessible sources. Open the doors to the system and watch her eat.
It’s all happening just as we said it would. https://t.co/50my91Hz3r
Digital and automated finance is really coming！@financechaingehttps://t.co/Sgi0uy2AxM
— DJ Qian (@djqianfusion) January 5, 2021
Can't wait for banks to setup a $GEEQ node! ?https://t.co/MKUreVtxP0#Banks #regulations #blockchain #Crypto
— RobbieCr. (@RobbieVdg) January 5, 2021
Banks in the US can now run public blockchain nodes and process payments in stablecoins! https://t.co/ItWnsVB0Om https://t.co/hDg8LRvdvq
— Atul Khekade (@atulkhekade) January 5, 2021
https://t.co/G8TvzgJK9C
— あい (@ef5NW7j0A5WvjEP) January 6, 2021
このタイミングでまさかブロックチェーン技術を使って仮想通貨のステーブルコインが使える発表があるとは。ドルとは違う仮想通貨つまりFRBが関係しない通貨。トランプはドルの発行を改革しようと、マジで何かが起こってる通貨監督庁直々の発表だhttps://t.co/tPOD60CyxI
Why the OCC endorsement of stablecoin use by US banks is a big deal (https://t.co/g8faTss0zo) ? (1/5)
— Fabio Berger (@fabioberger123) January 5, 2021
Respected @RBI
— Varun | Blockchain Lawyer (@Blockchainlaw91) January 5, 2021
A global development on #stablecoins based financial infrastructural upgrade, which #india can't afford to miss. #fintech #blockchain https://t.co/PpAawjH3Jm
2nd Day of 2021 on #Blockchain first use-case as payment/settlement is getting common. Gearing up for #adoption demand in various sectors. No doubt leading to more demand for developers and dev tools #Lowcode #RapidDappBuilder $MITx https://t.co/jlwojUbi1i
— Pei-Han (@PeiHanChuang) January 5, 2021
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins$RSR $RSV Backed by Coinbase
— BULLZILLA (@CKJCryptonews) January 5, 2021
https://t.co/8cZ9SYvmbG via @coindesk
Seems like good news but what sound does the stablecoin money printer make? https://t.co/w0JnXjouob
— Rob O. (@nottodayrob) January 5, 2021
Big News!! OCC Says Banks Can Issue Payments Using Stablecoins - CoinDesk @investvoyager https://t.co/RHmtrtNr8l
— philip (@PhilipEytan) January 5, 2021
コレですね❣️
— 開運丸? 鬼億丸? 龍億丸? (@kaiun69) January 5, 2021
速報‼️
米国の規制当局：連邦政府が認可した銀行は、安定したコインの支払いを促進し、独自に発行することができます
https://t.co/YmfJarN6gP
In an incredible watershed moment, US Banks have been given authorization from @USOCC to treat public blockchains as another form of settlement infrastructure. Banks can now use #Stablecoins for Payment activities!https://t.co/NNO9YliO4D
— Stablecorp Inc. (@stablecorp) January 5, 2021
#OCC says #banks & savings associations can now run #crypto nodes and use associated #stablecoins for “permissible payment activities”#cryptocurrency #banking @UrsBolt @LexSokolin @JimMarous @YahooSchwab @thomaspower @SusanneChishti @helene_wpli https://t.co/QyhgCfx7HK
— Dr Efi Pylarinou (@efipm) January 5, 2021