Over 50 European banks already offer crypto-related services, according to Circle senior director Patrick Hansen. He made the comment in response to recent guidance by the US Office of the Comptroller of Currency (OCC), which stated that banks in the US can engage in certain crypto services. Hansen noted that US banks are behind their European counterparts, as the latter have spent years building infrastructure and securing regulatory approvals. Data from Coincub supports this claim, with Europe having the highest number of crypto-friendly banks. Hansen believes that Europe will remain ahead for some time, thanks to its first-mover advantage and regulatory clarity, although the US regulatory landscape is changing.



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