OCC Chief Counsel’s Interpretation on National Bank and ...

Jan 04, 2021 · 1. Cryptocurrency transactions are recorded on these ledgers. 2. An INVN’s participants, known as nodes, typically validate transactions, store transaction history, and broadcast data to other nodes. 3. 1 See OCC Interpretive Letter 1170 (Jul. 22, 2020) (IL 1170) (describing distributed ledger technology as a shared

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