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Federal Reserve Issues Joint Statement on Cryptocurrency Custody for Banks Holding Bitcoin

2025-07-14 18:11:38

Federal Reserve Issues Joint Statement on Cryptocurrency Custody for Banks Holding Bitcoin

Main Idea

The Federal Reserve and other regulatory bodies have issued a joint statement regarding cryptocurrency custody for banks, addressing the expanding digital asset ecosystem.

Key Points

1. The Federal Reserve and key regulatory bodies released a joint statement on cryptocurrency custody for banks.

2. The statement addresses the expanding digital asset ecosystem.

Description

The Federal Reserve, alongside key regulatory bodies, released a comprehensive joint statement addressing the operational framework for banks managing cryptocurrency custody. This guidance aims to enhance the security protocols and

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