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Treasury Dept. Says Banks Can Keep Crypto On Their Balance Sheets in Certain Cases
Yahoo Finance· 2025-11-18 19:08
A key banking regulator within the Treasury Department has officially greenlit the ability for national banks to hold and spend cryptocurrency in certain cases. The Office of the Comptroller of the Currency (OCC) confirmed in an interpretive letter Tuesday that major banks are officially permitted to keep crypto on their balance sheets to pay network fees on blockchains for “otherwise permissible” banking activities. National banks are also allowed to hold and use digital assets for testing crypto-related ...