OCC Gives Banks The Green Light To Offer Bitcoin And Crypto Custody And Trading Services

The OCC’s latest guidance clarifies that national banks and federal savings associations can offer cryptocurrency custody and trading services, including outsourcing to third-party providers,...

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OCC Gives Banks The Green Light To Offer Bitcoin And Crypto Custody And Trading Services

Source: Bitcoin Magazine

The OCC’s latest guidance clarifies that national banks and federal savings associations can offer cryptocurrency custody and trading services, including outsourcing to third-party providers, as long as they adhere to risk management practices and regulatory compliance.