The Office of the Comptroller of the Currency (OCC) has clarified that national banks in the U.S. are allowed to trade cryptocurrencies on behalf of their customers.

This affirmation eliminates the need for prior OCC oversight for such activities, facilitating the participation of traditional banking in the digital assets market.

This measure is expected to promote innovation and greater adoption of cryptocurrencies within the conventional financial system, while banks must ensure proper risk management in these operations.

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