U.S. Regulators Issue Joint Statement Reaffirming Crypto Asset Custody Risk Management Requirements

The Federal Deposit Insurance Corporation (FDIC), the Federal Reserve, and the Office of the Comptroller of the Currency (OCC) jointly issued a statement clarifying the risk management matters that banks should pay attention to when托管cryptocurrency assets for customers. The statement reaffirms that relevant activities must comply with current laws and regulations and be carried out in a safe and sound manner, and also points out that this statement does not introduce new regulatory requirements. The three agencies stated that they will continue to explore ways to further clarify banks' participation in crypto asset-related activities. [Wu Shuo]