The post U.S. Banks Can Now Offer Crypto Services Without Approval—OCC Confirms appeared first on Coinpedia Fintech News
On May 7, the U.S. Office of the Comptroller of the Currency (OCC) confirmed that federally chartered banks and savings associations can now offer crypto-related services, like custody and trade execution, without prior regulatory approval, as long as they comply with risk and cybersecurity protocols. This decision, outlined in Interpretive Letter 1184, marks a significant …