THE SEC MAY ADVANCE ENCRYPTION RULES. OCC PAVES THE WAY FOR ENCRYPTED BANKS

INVESTOR BUSINESS DAILY REPORTS THAT THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC) MAY ADVANCE ENCRYPTION RULES AND DISCUSS 24/7 TRANSACTIONS IN THE ABSENCE OF A CLEAR ACT. THE UNITED STATES MONETARY SUPERVISORY AUTHORITY (OCC) PAVED THE WAY FOR THE ESTABLISHMENT OF AN ENCRYPTED BANK. THE SEC WILL MEET ON FRIDAY TO DISCUSS WHETHER TO INTRODUCE NEW PROPOSALS FOR ENCRYPTED CURRENCY TRANSACTIONS。