[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  MetaEra [@MetaEraHK](/creator/twitter/MetaEraHK) on x 48.8K followers Created: 2025-07-14 19:44:17 UTC Fed, OCC and FDIC Issue Guidance: Banks Must Strengthen Risk Controls When Safekeeping Crypto Assets The Federal Reserve, Office of the Comptroller of the Currency (@USOCC), and Federal Deposit Insurance Corporation (@FDICgov) have jointly issued a statement clarifying how existing regulatory rules apply to banks providing crypto custody services for customers. The agencies emphasized that this does not establish new supervisory expectations, but banks should treat crypto like any new product or service, carefully assessing risks such as cybersecurity, key management, and sensitive data handling, and implementing risk governance frameworks tailored to the evolving crypto market. Under President Trump, regulators have recently rolled out a flurry of crypto guidance and appointed more crypto-friendly officials, accelerating financial institutions’ entry into the digital asset space.  XXX engagements  **Related Topics** [agencies](/topic/agencies) [insurance](/topic/insurance) [currency](/topic/currency) [federal deposit](/topic/federal-deposit) [federal reserve](/topic/federal-reserve) [fdic](/topic/fdic) [occ](/topic/occ) [fed](/topic/fed) [Post Link](https://x.com/MetaEraHK/status/1944845424147488775)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
MetaEra @MetaEraHK on x 48.8K followers
Created: 2025-07-14 19:44:17 UTC
Fed, OCC and FDIC Issue Guidance: Banks Must Strengthen Risk Controls When Safekeeping Crypto Assets
The Federal Reserve, Office of the Comptroller of the Currency (@USOCC), and Federal Deposit Insurance Corporation (@FDICgov) have jointly issued a statement clarifying how existing regulatory rules apply to banks providing crypto custody services for customers. The agencies emphasized that this does not establish new supervisory expectations, but banks should treat crypto like any new product or service, carefully assessing risks such as cybersecurity, key management, and sensitive data handling, and implementing risk governance frameworks tailored to the evolving crypto market.
Under President Trump, regulators have recently rolled out a flurry of crypto guidance and appointed more crypto-friendly officials, accelerating financial institutions’ entry into the digital asset space.
XXX engagements
Related Topics agencies insurance currency federal deposit federal reserve fdic occ fed