Major Banking Regulator Gives Green Light to Crypto Trading ServicesThe Office of the Comptroller of the Currency, the top U.S. federal banking regulator, has approved national banks to offer crypto trading services. This comes as JPMorgan Chase is reportedly planning to facilitate crypto trades for large institutional investors, indicating Wall Streets shift from experimentation to real action.The OCC released an interpretive letter on December ninth, confirming banks can engage in riskless principal crypto transactions, meaning they can broker deals without holding the assets or assuming market risk.JPMorgan has expressed interest in this new guidance, with experts like lawyer Burçak Ünsal predicting significant impact. Banks could leverage their trusted status to capture a substantial portion of trading volume previously directed elsewhere.This move brings crypto further into the regulated banking world, ensuring major players arent left out. As banks prepare to offer these services, the U.S. trading landscape could undergo significant changes, merging traditional finance with digital assets in innovative ways.

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