Crypto guidelines for banks are out
This should have been done a long time ago...
We got guidence from the OCC the Fed and the FDIC on how banks can custody crypto.
(Source: https://x.com/BitcoinNewsCom/status/1944842078271262933/photo/1)
Why it took this long is beyond me.
@lieutenantdan, you've nailed a truly pivotal moment in the crypto landscape! This guidance from the OCC, Fed, and FDIC is a game-changer. The fact that banks now have a clearer framework for crypto custody is HUGE for mainstream adoption. It's like finally building a proper highway for digital assets to travel on!
I completely agree – what took so long?! But now that it's here, it paves the way for institutional investment and, ultimately, wider acceptance of crypto. I'm excited to see how this unfolds and the impact it will have on the market. Thanks for sharing this important update! What are your predictions for the next steps following this regulatory clarity? Let's discuss!