According to a report by Solid Intel published on December 22, U.S. federal banking regulators are said to have allowed banks to legally engage in cryptocurrency trading and custody activities. If officially confirmed, this would mark an important milestone in the relationship between the traditional banking system and the digital asset market.
This move could promote the integration of cryptocurrency into mainstream financial services, helping banks expand their product offerings based on modern technology. The participation of large organizations is also expected to enhance transparency, stability, and oversight in the digital finance sector.
Although key federal agencies have not yet provided final confirmation, this policy trend indicates a greater openness to innovation. The market has reacted mixedly, but overall, this could be the beginning of a more tightly managed growth phase.
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U.S. banks are allowed to conduct transactions and custody of cryptocurrencies.
According to a report by Solid Intel published on December 22, U.S. federal banking regulators are said to have allowed banks to legally engage in cryptocurrency trading and custody activities. If officially confirmed, this would mark an important milestone in the relationship between the traditional banking system and the digital asset market.
This move could promote the integration of cryptocurrency into mainstream financial services, helping banks expand their product offerings based on modern technology. The participation of large organizations is also expected to enhance transparency, stability, and oversight in the digital finance sector.
Although key federal agencies have not yet provided final confirmation, this policy trend indicates a greater openness to innovation. The market has reacted mixedly, but overall, this could be the beginning of a more tightly managed growth phase.