How the OCC Is Building Crypto America (and Saving Banks From Extinction)

How the OCC Is Building Crypto America (and Saving Banks From Extinction)


Over the last 12 years, $1 trillion of value has appreciated into existence. It may be a little more or a little less tomorrow, give a few $100 billion. It may one day reach $10 trillion or $100 trillion or stay at $1 trillion forever. It may even go to $0. But regardless of all that, $1 trillion of value has indeed materialized and grown on blockchain-based financial networks since 2008. 

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. Regardless of how we spin it, the core fact is that crypto assets have largely been un-advised. They have not been distributed by fiduciaries to the mass market. Instead, they have either (1) been directly owned by retail investors through crypto exchanges or decentralized apps or (2) been packaged and secured for safe handling by newly buy-side funds for the largest endowments and

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