Well, guys, we've waited! American banks have officially received the green light to work with cryptocurrencies. The Office of the Comptroller of the Currency (OCC) has announced that banks can now engage in cryptocurrency operations without prior approval from regulators.

This decision not only removed bureaucratic shackles – it literally opened the doors for major financial players into the world of digital assets.

But let's not rush to conclusions. If the regulator is easing control, it means they have a plan. Let's figure out what exactly banks have been allowed and what catch may lie behind these "relaxations".

📌 Now American banks have the right to:

✅ Store cryptocurrency assets

Banks can provide clients with custodial cryptocurrency storage services – previously a separate permission was required for this.

✅ Work with stablecoins

They can engage in operations with certain stablecoins and even hold reserves for their issuers.

✅ Use blockchain

Now banks have the right to apply distributed ledger technology (DLT) to enhance the efficiency of their operations.

It looks like a step towards freedom, but... don't be misled. When regulators take a step back, it is merely preparation for the next move.

🤔 Regulators: not enemies, but not friends either

While the crypto community celebrates a "victory", experienced players understand – any step by a regulator is always beneficial to the regulator itself. And today they have simply found a new point of pressure on the market.

🕵️ What lies behind the OCC's decision?

When banks receive official permission to work with cryptocurrencies, it's worth considering:

Private investors are losing out

Major banks will buy crypto at low prices while retail investors will oscillate between greed and fear.

Cryptocurrencies are becoming part of the system

The idea of decentralization loses its meaning when traditional finance takes control of the market.

Manipulations are reaching a new level

Banks with their capital will be able to manage prices, creating the necessary movements for their strategies.

👉 If the U.S. is indeed preparing for large-scale purchases, weak players will simply be carried out of the market feet first.

📌 Freedom with a catch

So, friends, should we celebrate that U.S. banks can now work with cryptocurrencies?

On one hand, this is a step towards legitimizing the market. On the other hand, it is the beginning of a new era of control.