The Office of the Comptroller of the Currency (OCC) has authorized U.S. banks to provide crypto trading services through a mechanism known as 'risk-free principal trading.' This regulatory change permits banks to execute trades without holding inventory or assuming market risk, potentially expanding their involvement in the digital asset market.
JPMorgan is reportedly considering launching crypto trading services for institutional clients under these new guidelines. As more banks enter the crypto space, trading volumes in digital assets are expected to rise, potentially increasing interest in various altcoins.
U.S. Banks Cleared to Offer Crypto Trading Services
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