# Banking agencies issue joint crypto-asset safekeeping risk-management statement

> The federal banking agencies jointly described risk-management considerations for banks that safeguard crypto assets, including key management, due diligence, governance, legal and compliance risks, audit, resilience, and third-party arrangements.

- URL: https://riadefi.com/regulation/2025-07-14-bank-crypto-asset-safekeeping-risk-management/
- Posture: Guidance
- Authorities: Board of Governors of the Federal Reserve System; Federal Deposit Insurance Corporation; Office of the Comptroller of the Currency
- Event date: 2025-07-14
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

## What changed

The federal banking agencies jointly described risk-management considerations for banks that safeguard crypto assets, including key management, due diligence, governance, legal and compliance risks, audit, resilience, and third-party arrangements.

## Who it affects

- Banks providing crypto-asset safekeeping, investment advisers relying on bank custodians, funds, and advisory clients

## What is still open

- How individual agencies and examiners will apply the principles to particular custody structures

## What it means for an advisor

- Refresh custodian diligence and contractual controls for private keys, subcustody, segregation, incident response, auditability, and asset recovery.

## Sources

1. [Banking agencies issue joint crypto-asset safekeeping risk-management statement](https://www.federalreserve.gov/newsevents/pressreleases/bcreg20250714a.htm) · Board of Governors of the Federal Reserve System; Federal Deposit Insurance Corporation; Office of the Comptroller of the Currency · 2025-07-14


---

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