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 .