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Writer's pictureRaymond Chai

OTCbid - Banks in US Can Now Offer Crypto Custody Services, Regulator Says



" The Office of the Comptroller of the Currency (OCC) is letting all nationally chartered banks in the U.S. provide custody services for cryptocurrencies.


In a public letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency wallet, clearing the way for national banks to hold digital assets for their clients.


The letter marks a major development for the crypto industry. Previously, custody was the province of specialist firms, such as Coinbase, which typically needed a state license, such as a trust charter, to offer the service to large investors. Now, large, regulated financial companies that already provide similar safekeeping services for stock certificates and the like could enter the fray." - Read Full Article


Source: Coindesk




9K BTC BUYER IN UK

-4% Gross, -2% Net, Bank2Bank, UK

Look For Seller Mandate Only - OTCbid.com


NEW: 9000 BTC @ -4% Gross, -2% Net, Bank2Bank, UK  - Look For Seller

(Buyer :  GK BM)

Post: 23.7.2020

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  • A new UK buyer wishes to buy 9000 BTC at -4% gross, -2% net

  • Buyerside = 1 % 

  • Sellerside = 1 %


  • PROCEDURE:

  • Due KYC/AML verifications

  • POC from seller

  • Transaction will be done in Tranches,1000units for first tranche and more for subsequent tranches 

  • Ready to make swift MT760 payment for first Tranche and MT103/72 for subsequent Tranches

SELLER MANDATE ONLY

Interested parties should contact :

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