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OCC Reaffirms Bank Authority to Engage in Cryptocurrency Activities

On March 7, 2025, the Office of the Comptroller of the Currency (OCC) published Interpretive Letter 1183, which is expected to clarify and streamline national banks’ ability to engage in cryptocurrency activities....more

SEC’s Crypto Task Force Sets Regulatory Priorities as Enforcement Focus Shifts

The head of the Securities and Exchange Commission’s new Crypto Task Force announced its 10 initial priorities on February 4. In her statement, titled “The Journey Begins,” SEC Commissioner and task force chair Hester Peirce...more

President Trump Signs Executive Order to Form Working Group With Stated Goal of Making the US the ‘World Capital’ of Crypto, AI

On Thursday, January 23, 2025, President Trump addressed the World Economic Forum in Davos, Switzerland, pledging that the United States will become “the world capital of artificial intelligence and crypto."...more

FDIC Proposes More Oversight on Custodial Deposit Accounts

On September 17, the Federal Deposit Insurance Corporation (FDIC) proposed a new rule that would significantly impact the risk management and oversight requirements for bank-fintech arrangements. This proposal comes in...more

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