Don’t Expect Banks to Jump on the OCC Crypto Custody News

Don’t Expect Banks to Jump on the OCC Crypto Custody News

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Alex Mascioli is head of institutional services for Bequant, a digital asset prime broker. He spent nearly a decade in traditional financial markets before making the jump to crypto markets three years ago.

Banks can now offer cryptocurrency and digital asset custody to their clients, but what does this really mean?

As you may know, the Office of the Comptroller of the Currency (OCC) that nationally chartered banks in the U.S. can now jump into the crypto custody arena. There are plenty of opinions about what impact this will have on the industry, and many of them are at odds. 

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