Episode Details
Back to Episodes2426: America Just Opened The Door For Bitcoin Banks - Inside A $25T Industry Shake-Up
Episode 2426
Published 2Â weeks, 5Â days ago
Description
America's banking regulator says firms engaged in permissible digital asset activities should have a path to becoming national banks. The development comes as Bitcoin increasingly intersects with a U.S. commercial banking system controlling more than $25 trillion in assets.
We break down what the OCC announcement actually means, why Michael Saylor wants Strategy to become the world's largest Bitcoin bank, and what could happen as banks, Bitcoin companies, ETFs and governments increasingly compete around an asset permanently capped at 21 million coins.
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