US banks can hold your crypto for you, says federal regulator

[Riya143]

National banks and federal savings associations can legally provide crypto custody services for customers in a move hailed by the industry.
The United States Office of the Comptroller of the Currency (OCC), an independent bureau within the US Treasury, issued a public letter today clarifying that national banks and federal savings associations have the legal right to take custody of cryptocurrency assets.
Read More: https://decrypt.co/36404/us-banks-hold-crypto-custody-regulator-occ