OCC Announces that Federally-Chartered Banks and Thrifts May Provide Custody Services for Crypto Assets

The Office of the Comptroller of the Currency (“OCC”) issued a letter stating that “a national bank [and federal savings associations] may provide . . . cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency....<BR />By: <a href="https://www.jdsupra.com/profile/Ballard_Spahr/">Ballard Spahr LLP</a>

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