U.S. REGULATORS APPROVE FINAL RULES FOR BANKS TO OFFER CRYPTO CUSTODY

• Banks now officially permitted to hold crypto under strict compliance

• Old crypto restrictions rescinded under Trump administration

In a landmark move, the Federal Reserve, FDIC, and OCC have released final guidance on how U.S. banks can legally offer crypto custody services. The rules replace earlier restrictions and classify crypto operations under routine banking supervision.

Banks must build robust internal systems, audit trails, contingency plans, and ensure full responsibility—even when outsourcing to third parties. Holding private keys now comes with mandatory training, security controls, and clear strategic fit within each institution’s risk model.

This move signals major regulatory clarity and paves the way for massive crypto adoption across the U.S. banking sector.

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