🇺🇸 US Banks Can Now Hold Crypto & Operate as Validators

The OCC has confirmed that U.S. banks can custody crypto, work with stablecoins, and act as blockchain validators without prior approval. Previously, banks needed explicit consent before handling digital assets, but this requirement has been removed.

Regulators emphasized that risk management should remain at traditional banking standards, but crypto will no longer be treated as a high-risk asset class. The OCC aims to establish a unified regulatory approach for banking operations, regardless of technology.#USbank