Top US banking regulator rescinds previous digital asset restrictions amid Trump's push to end crypto debanking
The Office of the Comptroller of the Currency (OCC) has retracted previous restrictions on digital asset activities, clarifying that banks may now engage in crypto custody, stablecoin operations, and node verification, which eases the regulatory burden on banks. This move aligns with President Trump's push to end crypto debanking, aiming to position the U.S. as a crypto capital by making financial services more accessible for the digital asset industry.