The OCC, the FDIC and the Federal Reserve have today published a joint declaration, explicitly giving Banks permission to hold the crypto of customers. Several regulators have attempted to promulgate this policy independently, and the rule is even clearer today.
However, this comes with a few warnings, because the regulators have tried several times to focus on consumer protection. Plus important encore, les banques sont explicitement interdites de laisser leurs clients avoir des clés de ces mécanismes de garde.
Crypto is entering a new era in the American bank
The scanning of new Pro-Crypto attitudes has permeated the federal regulatory apparatus, bringing a wide range of changes.
Cependant, la confusion persistante peut encore retarder des victoires importantes, et les agences perdent parfois leurs batailles. Today, three federal financial regulators have united to publish a declaration, confirming that banks can keep the crypto:
These three agencies, the occurrence, the FDIC and the federal reserve, have each taken several measures to clarify the relationship of banks with the crypto in recent months.
The occurrence, for example, tried to explicitly confirm these daycare rules in May. Before that, the FDIC has exposed documents related to the dispenser of cryptography, modifying the rules to prevent future abuses.
Even the federal reserve, which recently faced Trump, also worked to fill the gap between banks and crypto. It has removed guidelines on reputation risks that have greatly discouraged commercial institutions far from industry.
In short, many of the greatest regulators all want this change of rule. La SEC, qui n’a pas signé la déclaration d’aujourd’hui, a également approuvé un langage similaire en janvier. Aujourd’hui, cependant, ces trois agences se sont réunies pour rendre leurs positions encore plus explicites:
«Les organisations bancaires peuvent assurer la sécurité des crypto-évaluateurs dans une capacité fiduciaire ou non fiduciaire. A banking organization … has the power to manage [cryptoassets] In the same way, banking organizations manage the other assets they have as a trustee, ”says the declaration of the agencies.
So what does that really mean? En termes simples, ces régulateurs font tout pour rassurer les banques qu’ils peuvent librement s’engager avec la garde à vue.
The declaration provides a few general guidelines to ensure maximum consumer protection, such as carrying out audits, maintaining regulatory compliance, deployment of appropriate cybersecurity, etc.
However, these agencies were firm on one point which can frustrate certain members of the community. Si une banque garde votre crypto, c’est le principal gardien.
Lorsque ces institutions détiennent des actifs, elles ont toute la responsabilité. In other words, a bank cannot allow a customer to directly access the private keys on their own account under any circumstances.
C’est-à-dire que ces régulateurs ne prennent pas complètement une approche de laissez-faire. Their statement has repeatedly stressed that banks need to maintain compliance and security, even imposing new rules.
Non-liability clause
In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
