The three major regulatory agencies in the United States have released guidelines for the custody of crypto assets

ChainCatcher news, according to the official announcement, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency jointly issued a guidance statement regarding bank institutions providing custody services for crypto assets. The statement clarifies that banks can offer custody services for crypto assets in both trust and non-trust capacities, but must strictly manage the security risks associated with crypto keys.

Regulators emphasize that banks must establish a comprehensive risk management framework, including the security of key generation and storage, anti-money laundering compliance, third-party risk management, and comprehensive audit procedures. This guidance applies to crypto asset custody operations under the existing regulatory framework and does not create new regulatory expectations.