bankingregulators

U.S. Bank Regulators Tighten Crypto Custody Expectations Amid Industry Surge.

Banking regulators issued a joint statement on July 14, 2025, warning institutions that proper risk management is required for any crypto‑asset safekeeping. While not enforcing new rules, the FDIC, Federal Reserve, and OCC reminded firms that existing compliance frameworks apply—with heightened scrutiny expected for custodial operations.

This sends a clear message: even without new legislation, traditional banks entering crypto must meet high standards of transparency, security, and legal alignment.
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