This article was first published on Cointelegraph on August 2, 2020.

The digital asset is now experiencing what may be a historic rise in acceptance, as the COVID-19 pandemic revealed its needs.

On July 22, 2020, the United States Office of the Comptroller of the Currency published a letter clarifying that national banks and federal savings associations can indeed take custody of cryptocurrency assets. In the letter, Bitcoin was also acknowledged as “the first widely-adopted cryptocurrency.” …

Elvina Kamalova

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