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U.S. banks can now broker Bitcoin, Ethereum, XRP, and Solana trades

The Office of the Comptroller of the Currency [OCC] has confirmed that U.S. national banks may legally conduct “riskless principal” transactions in crypto-assets. This extends existing brokerage powers to digital assets that are not classified as securities—including Bitcoin. In OCC Interpretive Letter #1188, released on 9 December, the OCC stated...

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