Permission for crypto handling has been met with joy from the industry experts. StarkWare’s general counsel, Katherine Kirkpatrick Bos, welcomed this shift and the improved clarity and guidance that should follow from the OCC. She said that the permission banks needed to enter the world of crypto should reduce all fear of overstepping boundaries and regulations. On her Twitter/X account, she underlined the importance of outsourcing crypto-assets as a “boon to regulated crypto native service providers.”
Similar sentiment came from the chief policy officer of Coinbase, Faryar Shirzad. He expressed satisfaction with the newly introduced best practices for the crypto regulations, as well as the coming from the Trump administration ever since its inauguration in January.
