US regulators have officially approved new guidelines that enable banks to hold cryptocurrency specifically for the purpose of paying gas fees associated with blockchain transactions. This significant development by the Office of the Comptroller of the Currency (OCC) represents a pivotal change in how financial institutions can interact with digital assets. Here, we will explore the implications of the OCC's updated guidance, detailing the specific changes it introduces and what they mean for banks, consumers, and the broader cryptocurrency market.
source: https://blocknews.com/us-regulators-clear-the-path-for-banks-to-hold-crypto-for-gas-fees-here-is-what-the-new-occ-guidance-changes/