OCC Leaves Stablecoin Rewards Door Open as Banks Defend Deposits
AI Summary
The week in digital assets was dominated by regulation. Banks face renewed competition for customers’ cash after federal regulators left room for cryptocurrency platforms to offer stablecoin rewards, setting up a contest over returns that could affect the cost and availability of bank loans. The Office of the Comptroller […] The post OCC Leaves Stablecoin Rewards Door Open as Banks Defend Deposits appeared first on PYMNTS.com .
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