Foresight News
Foresight News|Dec 10, 2025 01:21
[U.S. OCC: National Banks Can Engage in Riskless Principal Transactions of Crypto Assets] Foresight News reports that according to new guidelines from the U.S. Office of the Comptroller of the Currency (OCC), national banks in the United States can engage in riskless principal transactions of crypto assets on behalf of clients. The document states that banks can act as brokers, purchasing assets from one counterparty and simultaneously selling those assets to another counterparty. During this process, the assets are typically sold as quickly as possible, and banking institutions will not hold any crypto assets, 'except in very rare circumstances.'
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