OCC Clarifies Crypto Asset Management for Banks
Update: 2025-11-18
Description
The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidance on how national banks can manage crypto assets, specifically addressing gas fees for blockchain network transactions. Banks can hold digital assets on their balance sheets if they anticipate needing them for operations. This move is significant for banks acting as agents or managing custody operations, especially under the GENIUS Act. Other regulators are developing stablecoin rules, but the OCCs guidance provides clarity on how traditional financial institutions can interact with digital assets.
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