Federal banking regulators have greenlit national banks to engage in crypto activities. The Office of the Comptroller of the Currency (OCC) released new guidance confirming that digital asset operations are permitted if conducted safely and fairly. Interpretive Letters 1183 and 1184 now pave the way for broader crypto adoption across traditional financial institutions.

OCC Acting Comptroller Rodney E. Hood highlighted that over 50 million Americans already hold cryptocurrency. Digital assets now represent hundreds of billions in financial activity across the economy. Hood emphasized that this is not a passing trend but a major financial transformation.

This move signals strong government support for blockchain innovation within the banking sector. With clearer regulations in place the US banking system is set to play a key role in shaping the future of digital finance.