online resources

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related to custody services.” Banks Authorized to Offer Crypto Custody Services The OCC announced Wednesday that it has published “a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services for customers.” An independent bureau of the U.S. Department of the Treasury, the OCC charters, regulates and supervises all national banks and federal savings associations…

Continue Reading US Regulator Green-Lights Banks for Cryptocurrency Custody Services

End of content

No more pages to load