🇺🇸 **American banks can work with #cryptocurrency** 🏦
The regulator OCC has officially allowed banks and federal savings associations to:
- Conduct cryptocurrency transactions at the request of customers (buying/selling).
- Provide custodial services (storage of crypto assets).
- Delegate some functions to third parties (trading, accounting, taxes), but with mandatory risk control.
Earlier: cancellation of de-banking.
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