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  • 21:31
    US OCC: Banks Can Hold Certain Cryptocurrencies to Pay Gas Fees
    Jinse Finance reported that, according to a new letter from the Office of the Comptroller of the Currency (OCC) of the U.S. Department of the Treasury, banks are allowed to pay gas fees and hold the cryptocurrencies needed to pay these network fees. The OCC, which oversees banks, stated in Interpretive Letter No. 1186 released on Tuesday that banks may need to pay network fees as part of conducting business and may hold cryptocurrencies on their balance sheets to pay these fees. The OCC cited Ethereum as an example, noting that the Ethereum network requires transactions to be denominated in ETH. The OCC stated: "Such users would either need to maintain a separate Ethereum account, conduct spot trading on a crypto asset exchange to acquire Ethereum before the transaction, cooperate with a third-party network fee provider, or obtain Ethereum through other means. This process may increase costs and significant risks, including operational complexity, asset price volatility, and transaction delays."
  • 21:24
    The Dow Jones Index closed down 498.5 points, with the S&P 500 and Nasdaq also declining.
    ChainCatcher News, according to Golden Ten Data, the Dow Jones Index closed down 498.5 points, a decrease of 1.07%, at 46,091.74 points on Tuesday, November 18; the S&P 500 Index closed down 55.09 points, a decrease of 0.83%, at 6,617.32 points; the Nasdaq Composite Index closed down 275.23 points, a decrease of 1.21%, at 22,432.85 points.
  • 21:23
    All three major U.S. stock indexes closed lower.
    Jinse Finance reported that all three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 1.07%, the S&P 500 down 0.83%, and the Nasdaq Composite down 1.21%. Most large technology stocks declined, with Amazon and AMD falling more than 4%, Microsoft and Nvidia dropping more than 2%, and Tesla down more than 1%.
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