logo

``` The OCC has granted approval to US Bank to engage in cryptocurrency custody services. ```

By: theblockbeats.news|2025/12/10 09:15:59
0
Share
copy

BlockBeats News, December 10th, according to Bloomberg Law report, under the new guidance from the Office of the Comptroller of the Currency (OCC), U.S. banks are now allowed to provide cryptocurrency custody services as a service provider, further clarifying how traditional financial institutions can legally participate in digital asset transactions. The OCC memo stated that banks can act as a custodian, buying assets from one trading party and selling them to another. During this process, the financial institution will not hold any cryptocurrency assets.

You may also like

The price difference exceeds 50%, and the pre-market arbitrage market for cryptocurrency stocks will become a new business in the crypto bear market

In a bear market, what to Buidl? Besides having a counter-cyclical mindset, one must also find the "cracks" in existing services.

How to Trade Crude Oil: Market Volatility Creates New Opportunities for Crypto Traders

Oil prices are back in focus as geopolitical tensions and supply shifts reshape global markets. Learn how crude oil trading works and explore a $30,000 trading campaign on WEEX.

OpenClaw and AI Bots: From AI Trading to BTC Liquidations in the Crypto Gold Rush

AI crypto trading bots like OpenClaw and AI trading apps are reshaping digital markets. From BTC liquidations to crypto bubble charts, automated trading is expanding alongside free crypto airdrops, affiliate programs, LALIGA partnerships, and tokenized gold markets.

Michael Saylor's advice to young people: read more history and science fiction, and use AI to accelerate personal growth

In an interview, MicroStrategy founder Michael Saylor characterized Bitcoin as digital capital and gold, proposing a three-tier investment framework. He stated that its volatility continues to decrease and long-term returns outperform traditional assets, while also advising young people to read hist...

Morning Report | USDC issuance increased by approximately 1.7 billion in one week; Aave will launch the Aave Shield feature; total circulation of Ethereum is approximately 121.53 million

Overview of Important Market Events on March 15

Circle CEO's latest interview: Stablecoins are not crypto assets

The true meaning of stablecoins is to transform the US dollar into a native currency of the internet, ultimately forming an internet financial platform.

Popular coins

Latest Crypto News

12:42

10x Research: On-chain capital flow and position changes may drive Bitcoin to brew the next round of price fluctuations

10x Research published an analysis on platform X indicating that the price of Bitcoin has been steadily rising recently, with unusual changes in the flow of funds in both the on-chain and derivatives markets. Over the past week, funding rates, capital flows, and several key risk indicators have show...
12:42

Data: In the past hour, the entire network has liquidated 116 million USD, mainly short positions

According to Coinglass data, in the last hour, the entire network experienced liquidations of 116 million dollars, of which short positions accounted for 113 million dollars.
12:42

Data: If BTC falls below $69,976, the cumulative long liquidation intensity on major CEX will reach $1.631 billion

According to Coinglass data, if BTC falls below $69,976, the cumulative long liquidation intensity on major CEXs will reach $1.631 billion. Conversely, if BTC breaks above $77,028, the cumulative short liquidation intensity on major CEXs will reach $442 million.
12:42

Data: If ETH falls below $2,128, the cumulative long liquidation intensity on major CEXs will reach $1.109 billion

According to Coinglass data, if ETH falls below $2,128, the cumulative long liquidation intensity on mainstream CEX will reach $1.109 billion. Conversely, if ETH breaks above $2,350, the cumulative short liquidation intensity on mainstream CEX will reach $358 million.
12:42

Ledger executive: If the U.S. bans stablecoin yields, other countries may fill the gap

Takatoshi Shibayama, the head of Ledger's Asia-Pacific region, stated that if the United States implements a broader ban on stablecoin yields, discussions will take place among institutions, stablecoin issuers, and regulators in other countries. He pointed out that countries like Australia have prov...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com