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OCC presents on cryptocurrency banking after Trump announces the end of Chokepoint 2.0
The OCC has eased the "burden" on U.S. banks engaging in cryptocurrency activities after U.S. President Donald Trump announced the end of the "absurd" Chokepoint 2.0 campaign.
The Office of the Comptroller of the Currency (OCC) relaxed its stance on how banks can engage in cryptocurrency just hours after U.S. President Donald Trump announced he would end the Chokepoint 2.0 campaign — a prolonged crackdown aimed at limiting the access of cryptocurrency companies to banking services.
The OCC stated in a release on March 7 that: "The custody of cryptocurrency assets, certain stablecoin-related activities, and participation in independent node verification networks such as distributed ledgers are permitted for national banks and federal savings associations."
The OCC's new guidance will “ease the burden” on banks
In a document titled Interpretive Letter 1183, the OCC confirmed that financial institutions overseen by the OCC no longer need "the non-objection of the supervisory agency" to engage in cryptocurrency-related activities.
Comptroller of the Currency Rodney E. Hood stated: “Today's action will ease the burden on banks when engaging in cryptocurrency-related activities and ensure that these banking activities are handled consistently by the OCC.”
#OCC
The OCC has eased the "burden" on U.S. banks engaging in cryptocurrency activities after U.S. President Donald Trump announced the end of the "absurd" Chokepoint 2.0 campaign.
The Office of the Comptroller of the Currency (OCC) relaxed its stance on how banks can engage in cryptocurrency just hours after U.S. President Donald Trump announced he would end the Chokepoint 2.0 campaign — a prolonged crackdown aimed at limiting the access of cryptocurrency companies to banking services.
The OCC stated in a release on March 7 that: "The custody of cryptocurrency assets, certain stablecoin-related activities, and participation in independent node verification networks such as distributed ledgers are permitted for national banks and federal savings associations."
The OCC's new guidance will “ease the burden” on banks
In a document titled Interpretive Letter 1183, the OCC confirmed that financial institutions overseen by the OCC no longer need "the non-objection of the supervisory agency" to engage in cryptocurrency-related activities.
Comptroller of the Currency Rodney E. Hood stated: “Today's action will ease the burden on banks when engaging in cryptocurrency-related activities and ensure that these banking activities are handled consistently by the OCC.”
#OCC
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🔥 OCC Allows Banks to Participate in Crypto Activities
On March 7, 2025, the Office of the Comptroller of the Currency (OCC) revoked Guidance Letter 1179, while reaffirming that banks can legally engage in crypto-related activities, including: custody of digital assets, holding stablecoin reserves, and operating blockchain nodes for processing payments.
The OCC is committed to closely monitoring to ensure these activities are conducted safely, transparently, and in compliance with legal regulations.
#crypto #stablecoin #OCC
On March 7, 2025, the Office of the Comptroller of the Currency (OCC) revoked Guidance Letter 1179, while reaffirming that banks can legally engage in crypto-related activities, including: custody of digital assets, holding stablecoin reserves, and operating blockchain nodes for processing payments.
The OCC is committed to closely monitoring to ensure these activities are conducted safely, transparently, and in compliance with legal regulations.
#crypto #stablecoin #OCC
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Is it going to take another two years for crypto to go bankless? The Federal Reserve's knife is still not sheathed!
Don't fantasize about regulatory relaxation; the pressure for crypto to go bankless may continue until January 2026! Until Trump has the power to replace members of the Federal Reserve, the Democratic-controlled Federal Reserve will still firmly control the situation, relentlessly pursuing pro-crypto banks, even directly sending examiners in to suffocate the banks!
Although the OCC and FDIC may ease up, as long as the Federal Reserve does not change its stance, the banking channels for the crypto industry will still be choked off, and compliant stablecoins will also struggle to have a good time! In the next two years, those who can survive in the cracks of regulation are the ones who will be qualified to welcome the next bull market! #OCC #FDIC #ETC #trb👀 #usd $BTC $ETH $XRP
Don't fantasize about regulatory relaxation; the pressure for crypto to go bankless may continue until January 2026! Until Trump has the power to replace members of the Federal Reserve, the Democratic-controlled Federal Reserve will still firmly control the situation, relentlessly pursuing pro-crypto banks, even directly sending examiners in to suffocate the banks!
Although the OCC and FDIC may ease up, as long as the Federal Reserve does not change its stance, the banking channels for the crypto industry will still be choked off, and compliant stablecoins will also struggle to have a good time! In the next two years, those who can survive in the cracks of regulation are the ones who will be qualified to welcome the next bull market! #OCC #FDIC #ETC #trb👀 #usd $BTC $ETH $XRP
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Donald Trump Appoints New Leader for OCC: Positive Signal for Bitcoin?
President Donald Trump has just nominated Jonathan Gould, former Legal Director of Bitfury, to lead the Office of the Comptroller of the Currency (OCC) – the agency overseeing major banks in the U.S. This is an important step, indicating that the Trump administration continues to choose individuals with experience in the cryptocurrency and technology fields to manage the financial system.
Who is Jonathan Gould?
Jonathan Gould is not a stranger in the crypto industry. Previously, he worked at:
Who is Jonathan Gould?
Jonathan Gould is not a stranger in the crypto industry. Previously, he worked at:
🌟 American banks can no longer deny services to companies or clients due to connections with the #crypto industry (David Sacks).
The end of the de-banking of the crypto industry continues (operation Chokepoint 2.0) – the #FDIC plans to exclude "reputational risk" checks from bank oversight components.
Previously: #OCC
#BinanceAlphaAlert @WISE PUMPS
The end of the de-banking of the crypto industry continues (operation Chokepoint 2.0) – the #FDIC plans to exclude "reputational risk" checks from bank oversight components.
Previously: #OCC
#BinanceAlphaAlert @WISE PUMPS
The OCC’s Crypto Banking Shift: What Investors Can’t Afford to Miss
Raja Shams Community Manager GPU.Net
A crypto enthusiastic & researcher
March 23, 2025
The financial world is undergoing a seismic shift in 2025, driven by the collision of traditional banking and crypto innovation. While the SEC’s crypto policy overhaul and debates over Bitcoin reserves dominate headlines, a quieter yet pivotal development has emerged: the **Office of the Comptroller of the Currency (OCC)** has updated its stance on crypto banking. For investors, this move could unlock doors to a more integrated financial future.
The OCC’s Role: Gatekeeper of Crypto Banking
As the primary regulator for U.S. banks, the OCC determines which institutions can legally engage with cryptoassets. Unlike fintech startups, traditional banks operate within rigid regulatory frameworks—but until now, ambiguity around crypto services left many sidelined.
The recent Interpretative Letter 1183(March 2025) marks a turning point, offering banks clearer guidelines for crypto activities. This builds on 2020’s *Letter 1170*, which first allowed banks to custody crypto—provided they applied traditional risk management standards. The 2025 update, however, goes further, addressing gaps in areas like stablecoin integration and blockchain-based settlements.
Why This Matters for Investors
1. Crypto’s Trillion-Dollar Gravitational Pull
With crypto’s market cap now in the trillions, TradFi institutions can no longer afford to ignore it. From Wall Street giants to community banks, firms are scrambling to offer crypto products. Even governments are warming to digital assets—several U.S. states now hold Bitcoin in treasury reserves.
For investors, this institutional embrace signals long-term legitimacy. Banks entering the space could drive liquidity, reduce volatility, and broaden access to crypto investment vehicles like ETFs and tokenized securities.
2. The Gen Z-Millennial Factor
Demographics are accelerating this shift. Over 50% of Gen Z and nearly half of Millennials own crypto, per Gemini’s 2024 survey. As these groups accumulate wealth, banks must cater to their preferences or risk obsolescence. Expect a wave of **youth-focused crypto products**, from blockchain-based savings accounts to NFT-collateralized loans.
3. Regulatory Tag Team: OCC and FDIC
The OCC isn’t acting alone. In late 2024, the FDIC proposed stricter recordkeeping rules for custodial accounts used by crypto firms. While aimed at reducing systemic risk, these rules also create a safer environment for consumer-facing crypto services.
Key FDIC requirements include:
- Daily balance reconciliations.
- Transparent ownership disclosures.
- Annual compliance certifications.
Together, the OCC and FDIC are building guardrails that could make crypto banking **safer and more transparent**—a win for risk-averse investors.
Risks and Opportunities Ahead
While the OCC’s pivot is bullish, challenges remain:
- Compliance Costs: Smaller banks may struggle to meet OCC risk management standards, potentially consolidating power among larger players.
- Tax Uncertainty: Proposed IRS reforms could impact returns on crypto holdings.
- Tech Gaps: Legacy banking systems may lag behind blockchain innovation, creating short-term friction.
Still, the trend is clear: crypto and TradFi are merging. Investors should watch for:
- Banks launching crypto custody services.
- Mainstream adoption of blockchain-based payments.
- Regulatory greenlights for tokenized stocks and bonds.
---
The Bottom Line
The OCC’s latest guidance isn’t just a policy tweak—it’s a watershed momentfor crypto’s role in mainstream finance. For investors, this means:
- More options: Diversified crypto products via trusted institutions.
- Reduced stigma: Regulatory clarity could attract cautious capital.
- Innovation surge: Competition between banks and fintechs may yield better tools for users.
#OCC #SECCryptoRoundtable #crypto
A crypto enthusiastic & researcher
March 23, 2025
The financial world is undergoing a seismic shift in 2025, driven by the collision of traditional banking and crypto innovation. While the SEC’s crypto policy overhaul and debates over Bitcoin reserves dominate headlines, a quieter yet pivotal development has emerged: the **Office of the Comptroller of the Currency (OCC)** has updated its stance on crypto banking. For investors, this move could unlock doors to a more integrated financial future.
The OCC’s Role: Gatekeeper of Crypto Banking
As the primary regulator for U.S. banks, the OCC determines which institutions can legally engage with cryptoassets. Unlike fintech startups, traditional banks operate within rigid regulatory frameworks—but until now, ambiguity around crypto services left many sidelined.
The recent Interpretative Letter 1183(March 2025) marks a turning point, offering banks clearer guidelines for crypto activities. This builds on 2020’s *Letter 1170*, which first allowed banks to custody crypto—provided they applied traditional risk management standards. The 2025 update, however, goes further, addressing gaps in areas like stablecoin integration and blockchain-based settlements.
Why This Matters for Investors
1. Crypto’s Trillion-Dollar Gravitational Pull
With crypto’s market cap now in the trillions, TradFi institutions can no longer afford to ignore it. From Wall Street giants to community banks, firms are scrambling to offer crypto products. Even governments are warming to digital assets—several U.S. states now hold Bitcoin in treasury reserves.
For investors, this institutional embrace signals long-term legitimacy. Banks entering the space could drive liquidity, reduce volatility, and broaden access to crypto investment vehicles like ETFs and tokenized securities.
2. The Gen Z-Millennial Factor
Demographics are accelerating this shift. Over 50% of Gen Z and nearly half of Millennials own crypto, per Gemini’s 2024 survey. As these groups accumulate wealth, banks must cater to their preferences or risk obsolescence. Expect a wave of **youth-focused crypto products**, from blockchain-based savings accounts to NFT-collateralized loans.
3. Regulatory Tag Team: OCC and FDIC
The OCC isn’t acting alone. In late 2024, the FDIC proposed stricter recordkeeping rules for custodial accounts used by crypto firms. While aimed at reducing systemic risk, these rules also create a safer environment for consumer-facing crypto services.
Key FDIC requirements include:
- Daily balance reconciliations.
- Transparent ownership disclosures.
- Annual compliance certifications.
Together, the OCC and FDIC are building guardrails that could make crypto banking **safer and more transparent**—a win for risk-averse investors.
Risks and Opportunities Ahead
While the OCC’s pivot is bullish, challenges remain:
- Compliance Costs: Smaller banks may struggle to meet OCC risk management standards, potentially consolidating power among larger players.
- Tax Uncertainty: Proposed IRS reforms could impact returns on crypto holdings.
- Tech Gaps: Legacy banking systems may lag behind blockchain innovation, creating short-term friction.
Still, the trend is clear: crypto and TradFi are merging. Investors should watch for:
- Banks launching crypto custody services.
- Mainstream adoption of blockchain-based payments.
- Regulatory greenlights for tokenized stocks and bonds.
---
The Bottom Line
The OCC’s latest guidance isn’t just a policy tweak—it’s a watershed momentfor crypto’s role in mainstream finance. For investors, this means:
- More options: Diversified crypto products via trusted institutions.
- Reduced stigma: Regulatory clarity could attract cautious capital.
- Innovation surge: Competition between banks and fintechs may yield better tools for users.
#OCC #SECCryptoRoundtable #crypto
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📢 US banks simplify working with cryptocurrency – OCC reduces regulatory pressure!
🚀 Banks can now provide custody services for crypto assets and participate in stablecoin management without prior regulatory approval!
✅ OCC (Office of the Comptroller of the Currency) allows banks to hold reserves for stablecoins, participate in blockchain verification, and provide custodial services.
💰 This opens new opportunities for integrating cryptocurrencies into the traditional financial system.
⚖️ The regulator emphasizes: strict risk control remains a priority.
🔻 In 2022, after the collapse of Terra, the regulator warned about the risks associated with stablecoins. However, now the OCC aims to foster the crypto industry under reasonable regulation.
#usa #OCC $BNB $BTC $ETH
🚀 Banks can now provide custody services for crypto assets and participate in stablecoin management without prior regulatory approval!
✅ OCC (Office of the Comptroller of the Currency) allows banks to hold reserves for stablecoins, participate in blockchain verification, and provide custodial services.
💰 This opens new opportunities for integrating cryptocurrencies into the traditional financial system.
⚖️ The regulator emphasizes: strict risk control remains a priority.
🔻 In 2022, after the collapse of Terra, the regulator warned about the risks associated with stablecoins. However, now the OCC aims to foster the crypto industry under reasonable regulation.
#usa #OCC $BNB $BTC $ETH
TOP 7: Selected Bullish Coins in the Cardano Ecosystem:
$ADA
1. Cardano (ADA)
• Price: $0.8963
• Support Level: $0.85
• Resistance Level: $0.95
• Target: $1.05
• Stop-Loss: $0.80
• Setup: Consolidating near support, ADA is primed for a potential breakout with strong fundamentals.
#AGIXUSDT
2. SingularityNET (AGIX)
• Price: $0.5842
• Support Level: $0.55
• Resistance Level: $0.65
• Target: $0.70
• Stop-Loss: $0.50
• Setup: Strong bullish momentum due to AI adoption trends, making AGIX a speculative but promising play.
#INDY
3. Indigo Protocol (INDY)
• Price: $1.86
• Support Level: $1.75
• Resistance Level: $2.00
• Target: $2.25
• Stop-Loss: $1.60
• Setup: INDY’s role in decentralized synthetics makes it a potential breakout candidate at resistance levels.
#wmt
4. World Mobile Token (WMT)
• Price: $0.4046
• Support Level: $0.38
• Resistance Level: $0.45
• Target: $0.50
• Stop-Loss: $0.35
• Setup: Steady growth in global connectivity projects supports bullish sentiment.
#MIN
5. Minswap (MIN)
• Price: $0.04203
• Support Level: $0.040
• Resistance Level: $0.050
• Target: $0.055
• Stop-Loss: $0.035
• Setup: A top DEX on Cardano, MIN shows accumulation signs for a potential breakout.
#OCC
6. OccamFi (OCC)
• Price: $0.0887
• Support Level: $0.080
• Resistance Level: $0.100
• Target: $0.12
• Stop-Loss: $0.070
• Setup: Key player in Cardano fundraising, making it a speculative buy near support.
7. Revuto (REVU)
• Price: $0.008337
• Support Level: $0.0075
• Resistance Level: $0.010
• Target: $0.012
• Stop-Loss: $0.0065
• Setup: Payment-focused projects on Cardano support Revuto’s long-term growth potential.
Notes:
• These coins are ranked based on their market activity and role within the Cardano ecosystem.
• For trading, always use proper risk management and confirm trends with technical indicators.
1. Cardano (ADA)
• Price: $0.8963
• Support Level: $0.85
• Resistance Level: $0.95
• Target: $1.05
• Stop-Loss: $0.80
• Setup: Consolidating near support, ADA is primed for a potential breakout with strong fundamentals.
#AGIXUSDT
2. SingularityNET (AGIX)
• Price: $0.5842
• Support Level: $0.55
• Resistance Level: $0.65
• Target: $0.70
• Stop-Loss: $0.50
• Setup: Strong bullish momentum due to AI adoption trends, making AGIX a speculative but promising play.
#INDY
3. Indigo Protocol (INDY)
• Price: $1.86
• Support Level: $1.75
• Resistance Level: $2.00
• Target: $2.25
• Stop-Loss: $1.60
• Setup: INDY’s role in decentralized synthetics makes it a potential breakout candidate at resistance levels.
#wmt
4. World Mobile Token (WMT)
• Price: $0.4046
• Support Level: $0.38
• Resistance Level: $0.45
• Target: $0.50
• Stop-Loss: $0.35
• Setup: Steady growth in global connectivity projects supports bullish sentiment.
#MIN
5. Minswap (MIN)
• Price: $0.04203
• Support Level: $0.040
• Resistance Level: $0.050
• Target: $0.055
• Stop-Loss: $0.035
• Setup: A top DEX on Cardano, MIN shows accumulation signs for a potential breakout.
#OCC
6. OccamFi (OCC)
• Price: $0.0887
• Support Level: $0.080
• Resistance Level: $0.100
• Target: $0.12
• Stop-Loss: $0.070
• Setup: Key player in Cardano fundraising, making it a speculative buy near support.
7. Revuto (REVU)
• Price: $0.008337
• Support Level: $0.0075
• Resistance Level: $0.010
• Target: $0.012
• Stop-Loss: $0.0065
• Setup: Payment-focused projects on Cardano support Revuto’s long-term growth potential.
Notes:
• These coins are ranked based on their market activity and role within the Cardano ecosystem.
• For trading, always use proper risk management and confirm trends with technical indicators.
U.S. banks allowed to handle crypto and stablecoins
The Office of the Comptroller of the Currency #OCC has clarified that U.S. banks can now legally engage in crypto-related activities, including digital asset custody, #stablecoin transactions, and #blockchain operations.
This decision reverses previous restrictions, including those under "Operation ChokePoint 2.0," which had limited banks' involvement in the sector. The change aligns with broader regulatory shifts under the new administration, with similar pro-crypto signals from the #SEC and #FDIC .
The Office of the Comptroller of the Currency #OCC has clarified that U.S. banks can now legally engage in crypto-related activities, including digital asset custody, #stablecoin transactions, and #blockchain operations.
This decision reverses previous restrictions, including those under "Operation ChokePoint 2.0," which had limited banks' involvement in the sector. The change aligns with broader regulatory shifts under the new administration, with similar pro-crypto signals from the #SEC and #FDIC .
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OCC Removes Barriers – Is the Crypto Market Welcoming a New Wave of Banks?
The Office of the Comptroller of the Currency (#OCC ) has just issued an important statement, paving the way for federal banks to participate in the crypto market without needing special approval from this agency.
🔹 What has changed?
Previously, banks supervised by the OCC had to seek permission and demonstrate their ability to manage risk before offering crypto services.
Now, they only need a valid business license, no longer requiring approval from the OCC.
🔥 Impact on the crypto market:
✅ Institutional cash flow may increase: As large banks can easily offer crypto services, many traditional investment funds may gain more access to the market.
✅ Legal confidence strengthened: This is a positive signal as the US is not tightening regulations on crypto but, on the contrary, is creating more favorable conditions.
✅ Digital banking services may explode: With federal banks able to support crypto, services like staking, lending, and stablecoin payments may become more popular.
⚠️ But caution is still needed!
Despite a more open policy, banks will still be closely monitored and must comply with anti-money laundering regulations.
📉 How is the market reacting?
If major banks quickly roll out crypto services, this could be a significant catalyst helping the price 53269697858 and the altcoin market recover in the medium term! 🚀 94099719204
17813422177
77801067455
The Office of the Comptroller of the Currency (#OCC ) has just issued an important statement, paving the way for federal banks to participate in the crypto market without needing special approval from this agency.
🔹 What has changed?
Previously, banks supervised by the OCC had to seek permission and demonstrate their ability to manage risk before offering crypto services.
Now, they only need a valid business license, no longer requiring approval from the OCC.
🔥 Impact on the crypto market:
✅ Institutional cash flow may increase: As large banks can easily offer crypto services, many traditional investment funds may gain more access to the market.
✅ Legal confidence strengthened: This is a positive signal as the US is not tightening regulations on crypto but, on the contrary, is creating more favorable conditions.
✅ Digital banking services may explode: With federal banks able to support crypto, services like staking, lending, and stablecoin payments may become more popular.
⚠️ But caution is still needed!
Despite a more open policy, banks will still be closely monitored and must comply with anti-money laundering regulations.
📉 How is the market reacting?
If major banks quickly roll out crypto services, this could be a significant catalyst helping the price 53269697858 and the altcoin market recover in the medium term! 🚀 94099719204
17813422177
77801067455
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