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U.S Bank Regulators Issue Guidance on Crypto Activities
U.S Bank Regulators Issue Guidance on Crypto Activities
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BTCCSquare news:
Federal bank regulators—the FDIC, Federal Reserve, and OCC—have released a joint statement clarifying risk-management expectations for banks engaging in crypto-asset custody services. The guidance emphasizes existing safety-and-soundness principles without introducing new requirements.
Banks safeguarding customer crypto holdings must comply with applicable laws while managing risks tied to volatility, fraud, and operational controls. The agencies signal ongoing efforts to refine regulatory clarity as institutional crypto adoption progresses.
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