On May 8, 2025, the U.S. Office of Currency Control (OCC) published a clarification that significantly expands the capabilities of American banks in the cryptocurrency sector. Banks can now conduct buy-sell operations of cryptocurrencies at the requests of clients, provide custodial services through third-party providers, and prepare tax reports for digital assets. This decision is a logical continuation of the Trump administration's policy, which lifted the Fed's restrictions from 2022.
Experts believe this will facilitate the integration of traditional finance with the crypto industry, increasing trust in digital assets. At the same time, banks are required to strengthen security measures and compliance with regulatory requirements to avoid risks associated with money laundering. The innovations have already triggered a positive market response: Bitcoin rose by 3%, reaching $99,200. This could serve as a catalyst for the widespread adoption of cryptocurrencies in the U.S.
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