OCC clarifies bank crypto custody and stablecoin guidance (Mar 2025)

OCC issued Interpretive letter affecting National banks on March 7, 2025.

Primary

OCC

Regulator

National banks

Structure

Interpretive letter

Date

March 7, 2025

Sub-sector

Crypto / Digital Assets

OCC reaffirms that national banks may custody crypto assets and engage in certain stablecoin activities without prior supervisory non-objection, reopening institutional crypto rails after the 2023 SAB 121 chill.

Primary company

OCC

Counterparty

National banks (Regulator)

Amount

—

Event date

March 7, 2025

Sub-sector

Crypto / Digital Assets

HQ

US

Structure

Interpretive letter

Source published

March 7, 2025

Publisher

OCC

Source: occ.gov