OCC policy shift is designed to foster responsible and scalable crypto adoption across the traditional banking sector

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"These letters signal a shift in the OCC's approach," Katherine Kirkpatrick Bos, Starkware general counsel and a former chief legal officer at Cboe Digital, noted on social media site X. She said the agency now seems to be melding crypto into traditional banking. And the additional guidance that third-parties are okay "is a boon to regulated crypto native service providers."

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OCC regulatory context and policy shift

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