US Banks Authorized To Hold Crypto For Blockchain Transaction Fees, OCC Reveals

The Office of the Comptroller of the Currency has issued new guidance permitting national banks to hold certain cryptocurrencies solely for the purpose of paying blockchain network fees. This decision, detailed in Interpretive Letter 1186 released on November 18, 2025, allows banks to manage crypto assets on their balance sheets, marking a significant step in the integration of cryptocurrencies into traditional banking systems.

The Office of the Comptroller of the Currency (OCC) has confirmed that U.S. national banks are allowed to hold cryptocurrency on their balance sheets specifically to pay for blockchain network fees. This decision aims to facilitate the integration of traditional banking with cryptocurrency, enabling banks to manage their crypto holdings effectively. The OCC's clarification is seen as a significant step towards embracing digital currencies within the financial system.

The Office of the Comptroller of the Currency (OCC) has clarified that authorized national banks in the U.S. can hold cryptocurrency under specific conditions, particularly to manage gas fees associated with blockchain transactions. This announcement follows the enactment of the GENIUS Act, which outlines the regulatory framework for such activities. The OCC's guidance is expected to facilitate the integration of cryptocurrency into traditional banking operations.

The Office of the Comptroller of the Currency (OCC) has clarified that authorized national banks in the U.S. can hold cryptocurrency under specific conditions, particularly to manage gas fees associated with blockchain transactions. This announcement follows the recently passed GENIUS Act, which outlines the regulatory framework for cryptocurrency holdings by banks. The OCC's decision is seen as a significant step toward integrating cryptocurrency into traditional banking practices.

The Office of the Comptroller of the Currency (OCC) has announced that U.S. national banks are permitted to hold cryptocurrency on their balance sheets specifically to pay for blockchain network fees and to test crypto platforms. This clarification is seen as a significant step in integrating cryptocurrency into traditional banking practices.