OCC: Federally regulated banks can engage in crypto custody and certain stablecoin activities

2025-03-08 14:02:08

The Office of the Comptroller of the Currency (OCC) issued a new letter, announcing the revocation of Interpretation Letter 1179 issued on November 18, 2021, and reaffirming that the activities related to cryptocurrency custody, distributed ledger, and stablecoins discussed in the previous letter are allowed.

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OCC: Federally regulated banks can engage in crypto custody and certain stablecoin activities
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