WASHINGTON (Reuters) – A leading U.S. banking regulator said on Wednesday that national banks may provide custody services for cryptocurrencies.
The Office of the Comptroller of the Currency said in a new letter that providing custody and safekeeping services for cryptocurrencies, including holding “keys” needed to access cryptocurrency holdings, is a modern version of traditional banking activities and should be allowed.
(Reporting by Pete Schroeder; Editing by Chizu Nomiyama)
