Sarah Riddell

Sarah Riddell

Morgan Lewis

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OCC Issues Clarification on Stablecoin Custody Services

On the heels of an interpretive letter allowing national banks and federal savings associations (FSAs) to provide cryptocurrency custody services to customers (see our LawFlash), the US Office of the Comptroller of the...more

9/24/2020  /  BSA/AML , Cryptocurrency , Custody Rule , Digital Currency , Digital Wallets , Financial Transactions , FSA , OCC , Risk Management , Stablecoins

OCC Allows National Banks and FSAs to Provide Cryptocurrency Custody Services

The US Office of the Comptroller of the Currency (OCC) issued an interpretive letter on July 22 allowing national banks and federal savings associations (FSAs) to provide cryptocurrency custody services to their customers in...more

8/14/2020  /  Cryptocurrency , Custody Rule , Federal Savings Associations , FinTech , National Bank Charters , OCC , Risk Management
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