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Client Alert
|July 18, 2025
|6 Min Read
Federal Banking Agencies Clarify Expectations for Crypto-Asset Safekeeping
In this alert, Winston’s Financial Innovation & Regulation Practice takes a closer look at the recent joint statement by the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (FRB), and the Federal Deposit Insurance Corporation (FDIC) regarding the safekeeping of crypto-assets and implications for the financial services industry.
The OCC, FRB, and FDIC have issued a joint statement clarifying the regulatory expectations applicable to the safekeeping of crypto-assets by banking organizations. The interagency statement offers a structured articulation of how legacy supervisory principles are expected to operate in the emerging context of crypto-asset safekeeping by banking organizations.
Client Alert
|September 9, 2024
|7 Min Read
Client Alert
|August 14, 2024
|5 Min Read
U.S. Banking Regulators Target Bank-Fintech Partnerships
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