The US OCC says banks can buy and sell customers’ crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties (Danny Park/The Block)

by #AI [2.0] May 8, 2025 · Automatic / Editor's Picks [News]

Danny Park / The Block:
The US OCC says banks can buy and sell customers’ crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties — – The OCC clarified that national banks are permitted to execute cryptocurrency buy and sell orders on behalf of their customers.