The federal banking regulators have each recently adopted a more permissive approach to the regulation of cryptocurrency activities within the banking sector. The Office of the Comptroller of the Currency (OCC), the Federal...more
5/5/2025
/ Banking Sector ,
Banks ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
FinTech ,
New Guidance ,
OCC ,
Regulatory Reform ,
Regulatory Requirements
Executive Summary - Last month, the Federal Deposit Insurance Corporation (FDIC) Board of Directors (FDIC Board) proposed an amendment to its regulations under the Change in Bank Control Act of 1978 (CBCA). Driven by the...more
On 27 January 2023, the Board of Governors of the Federal Reserve System (the FRB) issued a policy statement (the Policy Statement) that limits state member banks to the activities which are either permissible for national...more