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

OCC Interpretive Letter 1184: crypto-asset custody, execution and outsourcing

Confirms that national banks and federal savings associations may buy and sell crypto-assets they hold in custody when the customer directs, and may outsource bank-permissible crypto activities such as custody and execution to third parties, provided custody is run safely and soundly with proper third-party risk management.

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