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BTCC / BTCC Square / Global Cryptocurrency /
OCC Grants Banks Permission to Buy and Sell Custody-Held Cryptocurrencies

OCC Grants Banks Permission to Buy and Sell Custody-Held Cryptocurrencies

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-08 04:26:01
0

The US Office of the Comptroller of the Currency (OCC) has pivoted on its crypto stance, authorizing banks to engage in buying and selling cryptocurrencies held in custody for customers. This policy shift signals growing institutional acceptance of digital assets.

Banks may now outsource crypto custody and execution services to third parties, provided they adhere to the OCC’s rigorous safety standards. The move expands permissible activities for OCC-regulated institutions while maintaining strict oversight frameworks.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

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