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OCC clarifies crypto custody rules and eases bank merger

Cash dollar bills and stock market indicators
Photo: Javier Ghersi/Getty Images

In two decisive moves, the OCC reaffirms its commitment to regulatory clarity.

In an era where the architecture of finance is being redrawn by both code and consolidation, the Office of the Comptroller of the Currency (OCC) has issued two critical updates that signal a return to regulatory first principles: clarity, continuity, and proportionality.

Through its interpretive letter on cryptocurrency custody, the