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The OCC's Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

The Office of the Comptroller of the Currency announced banks could provide crypto custody services in December 2020.
The Office of the Comptroller of the Currency announced banks could provide crypto custody services in December 2020.