⚡️⚡️⚡️BANKS GO CRYPTO: U.S. REGULATOR UNLOCKS FULL ACCESS⚡️⚡️⚡️
On May 7, 2025, the U.S. Office of the Comptroller of the Currency (OCC) dropped a game-changer: Interpretive Letter #1184 officially allows national banks and federal savings associations to buy, sell, and hold crypto assets on behalf of their customers.
Let that sink in: American banks can now offer full-scale crypto custody services, handle transactions, settle trades, and even outsource parts of this process — as long as proper risk controls are in place. The age of “debanking” is officially dead.
This letter confirms what crypto insiders have long awaited — regulatory clarity. It explicitly states that digital assets can now be held similarly to fiat, with all corresponding infrastructure: taxation, accounting, settlement, and even third-party execution. Banks can also appoint crypto sub-custodians to assist in these services.
Translated to market terms: your local bank can now become your Web3 gateway — legally.
It’s a historic move. The OCC reaffirms Interpretive Letters 1170 and 1183, which previously hinted at crypto custody. But this time, it’s clear, actionable, and irreversible.
This change positions U.S. banks to compete head-on with fintechs and crypto-native custodians. In a year when global capital is flowing toward blockchain, this is the U.S. government saying: “We want in.”
The big picture? The tokenization of banking just accelerated. Expect institutional adoption, risk-managed products, and a flood of traditional capital into compliant crypto rails.
Your move, Europe.
What do you think — will this push the U.S. into global crypto leadership, or is it too little, too late?
Let’s debate. #AMAGE community, the floor is yours.