U.S. Banks Get Greenlight to Cover Blockchain Fees, Fueling Digital Transformation

The OCC has cleared a major hurdle for US banks by approving their ability to absorb blockchain gas fees. This pivotal regulatory change marks a significant shift towards integrating conventional banking with the burgeoning world of blockchain technology. As regulators and financial institutions adapt to this new paradigm, industry leaders are poised to explore the impact on blockchain adoption and its implications for financial services.