Office of the Comptroller of the Currency (OCC) executive Brian Brooks has dismissed rumors of a new legal introduction to the crypto wallet that was hastened before the end of the administration of US President Donald Trump.
According to Brooks, an important ethic in this issue is transparency in what is allowed.
For example, the question of whether a bank can be directly connected to the blockchain as a payment network or not, and has been decided ‘yes’.
The explanation was voiced in an interview with CNBC last Friday.
For now, they are fully paying attention to the development of the network behind Bitcoin and other cryptocurrencies to avoid any money laundering crime.
Brooks also assured that there will be no restrictions on Bitcoin and more good news about cryptocurrencies as Trump's term draws to a close.
"The crypto issue will become clearer in a few weeks,"
"This can help crypto investors how to invest and how most institutions can be classified as asset class." he said.
