Crypto and DeFi disintermediate banking in new ways, says OCC head
![Crypto and DeFi disintermediate banking in new ways, says OCC head](https://cryptoinvestment.at/wp-content/uploads/2021/09/crypto-and-defi-disintermediate-banking-in-new-ways-says-occ-head.jpg)
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system.