US banks can buy and sell customers' crypto assets on their behalf, OCC says
Policy
• May 8, 2025, 12:39AM EDT
Quick Take
The OCC clarified that national banks are permitted to execute cryptocurrency buy and sell orders on behalf of their customers.
The agency recently rescinded its previous stance that required banks to get its approval before engaging in crypto-related activities.
The U.S. Office of the Comptroller of the Currency said that national banks are permitted to buy and sell customers' crypto assets on their behalf, according to its interpretive letter releas...
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