USA Banks Can Now Offer Crypto Custody Services 

The Office of the Comptroller of the Currency (OCC) clarifies that any USA national bank can hold onto the unique cryptographic keys for a cryptocurrency, clearing the way for national banks to hold digital assets for their clients.


@USOCC clarification may open the doors for larger financial institutions to be more comfortable providing traditional bank accounts to cryptocurrency companies, as well as actually provide custodial services for customers’ private keys @jonathangould68 @FinMinIndia #AKB

There is need for banks to leverage new technology and innovative ways to provide traditional services