How can the OCC’s move to charter crypto firms as federally supervised banks affect Bitcoin’s market stability?
Why is this the correct answer?
This is correct because when crypto firms operate under federal bank charters they fall under established oversight rules and insured deposit frameworks. Beginners should know that federal supervision means audited reserves, consumer protections similar to banks and higher transparency. These factors reduce uncertainty and perceived risk, encouraging institutions to participate and helping smooth Bitcoin price swings over time.
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