US banking regulators allow banks to offer cryptocurrency trading services
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The Office of the Comptroller of the Currency (OCC) in the United States has issued new regulations allowing banks to provide "riskless principal" cryptocurrency services, meaning they can facilitate transactions without holding inventory or taking on market risk. JPMorgan is exploring offering cryptocurrency trading services to institutional investors based on OCC guidance, a move that could impact the competitive landscape of the U.S. cryptocurrency trading market.
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