November 23, 2024

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Florida best-prepared US state for widespread crypto adoption: Research

1 min read
Florida best-prepared US state for widespread crypto adoption: Research

It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction. Weighing in factors such as the number of Bitcoin (

The Office of the Comptroller of the Currency (OCC) warned banks of the “emerging risks” in crypto while asking the sector to take a “cautious approach” when dealing with crypto companies.

While discussing risk management, the OCC said practices at crypto firms were “not yet robust,” highlighting the crypto ecosystem’s unpreparedness during several collapses over the past year.