Regulation · Instrument · United States · Interpretive letter · Office of the Comptroller of the Currency

OCC Interpretive Letter 1183: bank authority for crypto custody, stablecoin and node activities

Reaffirms that national banks and federal savings associations may offer crypto-asset custody, certain stablecoin services and participate in independent node verification networks, and drops the earlier requirement to obtain supervisory non-objection and show adequate controls before starting. Issued alongside the OCC's withdrawal from two 2023 joint statements on crypto-asset risks.

In force · effective 7 Mar 2025 · part of US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activities