OCC Comptroller Warns Crypto Custody Restrictions Could Stifle Banking Innovation

Dec 09 2025 crypto


National trust banks engaging in crypto custody is essential to prevent stagnation in the federal banking system, according to Comptroller Jonathan Gould. This activity, already exceeding $2 trillion, aligns with decades of precedent and supports innovation without violating federal law. Comptroller Gould warns that blocking crypto custody for national trust banks risks irrelevance and stifles [...]

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