U.S. Banks Officially Enter Crypto Trading
San Francisco, California (PinionNewswire) —
Last week, the U.S. Office of the Comptroller of the Currency (OCC) released an important regulatory update for the cryptocurrency industry, confirming that U.S. banks are now permitted to participate in digital-asset transactions as “riskless principals.” This decision enables banks to match buy and sell orders for crypto assets within the same trading day, without recording those assets on their balance sheets or assuming market price risk.
In traditional finance, this model has been a common brokerage practice. Its formal introduction into the crypto sector signals that digital assets are becoming integrated into mainstream financial infrastructure.
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