# OCC removes supervisory nonobjection requirement for permissible bank crypto activities

> The OCC reaffirmed prior legal conclusions permitting specified crypto custody, stablecoin, and distributed-ledger activities and rescinded the requirement that a national bank obtain written supervisory nonobjection before engaging in them.

- URL: https://riadefi.com/regulation/2025-03-07-occ-interpretive-letter-1183-crypto-activities/
- Posture: Guidance
- Authorities: Office of the Comptroller of the Currency
- Event date: 2025-03-07
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

## What changed

The OCC reaffirmed prior legal conclusions permitting specified crypto custody, stablecoin, and distributed-ledger activities and rescinded the requirement that a national bank obtain written supervisory nonobjection before engaging in them. Banks remain subject to safe-and-sound practices and ordinary supervisory review.

## Who it affects

- National banks and federal savings associations
- Advisers conducting diligence on bank custodians and settlement providers

## What is still open

- Which banks will launch or expand services
- How institution-specific risk management and examiner expectations will develop

## What it means for an advisor

- Reassess the bank-custody vendor universe and actual service capabilities
- Verify contract, control, insurance, segregation, and asset-support details rather than relying on general legal permissibility

## Previous interpretation

Interpretive Letter 1179 required written OCC supervisory nonobjection before a bank began the covered crypto activities.

## Sources

1. [Interpretive Letter 1183](https://www.occ.treas.gov/topics/charters-and-licensing/interpretations-and-decisions/2025/int1183.pdf) · Office of the Comptroller of the Currency · 2025-03-07


---

Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.