Nationally chartered banks can now serve as custodian of cryptographic keys for a cryptocurrency wallet. This could open the door for banks to hold digital assets for their clients. James Wester is a cryptocurrency specialist at the research firm IDC. Wester discusses the significance of the new OCC “interpretive letter”; whether this is an inflection point for cryptocurrencies; what this development means for fiat currencies; how they will potentially be revolutionary for financial services, manufacturing, energy, government and healthcare.”]
Source: https://www.govinfosecurity.com/analysis-occs-decision-on-banks-cryptocurrency-a-14691