The measure captured the attention of figures such as Michael Saylor and Adam Livingston.
The document does not introduce official regulations, but provides guidelines and recommendations.
A recent statement from the main bank regulators of the United States aroused enthusiasm in the Bitcoiner community.
The Federal Reserve (FED), the Office of the Comptroller of La Moned Banks can offer Bitcoin (BTC) and cryptoactive custody servicesprovided that they comply with the regulatory and risk management frameworks in force.
According to the document, banks can offer cryptocurrency custody services either acting as legal representatives of their clients or simply as in charge of the shelter.
In both cases, banking entities must assume responsibility to protect digital assets through safe control of the associated keys.
The document Underline that These services must be governed by the same risk management principles that apply to traditional banking productsalthough adapted to the peculiarities of cryptocurrencies.
Regulators also highlight the importance of having trained personnel, adequate technological infrastructure and solid cybersecurity policies, given the technical complexity and constant evolution of the ecosystem.
Thus, it is noted that banks must comply with current regulations on money laundering, terrorism financing, international sanctions and the so -called “Travel Rule”, which requires that certain information from the sender and the receiver accompany fund transfers. This implies close coordination between legal, compliance and internal audit teams.
Reactions: Enthusiasm between Bitcoiners
The community received the announcement as a significant advance towards the institutional adoption of Bitcoin and its consolidation in traditional finances.
Michael Saylor, CEO of Strategy and one of the main drivers of BTC in the business field, projection that The statement reaffirms that banks can guard Bitcoin under current regulationswhich facilitates a clearer path for broader institutional adoption.
For his part, analyst Adam Livingston considered that this statement is One of the most positive news in Bitcoin’s history. According to his vision, the fact that the FED promotes large banks to guard BTC demonstrates that the asset is already a fundamental player in the financial system, to the point that traditional institutions have lost part of their monetary sovereignty.
However, The author warns on the risk inherent to fully trust bank custodysince this could represent a return to the traditional model of Fíat money, where users lose direct control over their digital assets. In Livingston’s words, this “is like delivering your sword to the enemy and asking him to affill himself.”
However, the specialist points out that this regulatory approval will allow large institutions, such as pension and insurer funds, incorporating Bitcoin legally and safely, which can translate into a massive capital income.
According to Livingston, This decision marks a psychological inflection pointsince even conservative investors who previously distrusted Bitcoin now feel comfortable incorporating it into their traditional portfolios.
Finally, the analyst emphasizes that the role of banks in Bitcoin custody not only involves protecting assets, but also leads them to actively manage them, incorporating them into their balance sheets and financial products, which will consolidate BTC as a relevant monetary standard in the global economy.
Although the document does not introduce formal regulatory changes, its publication is seen as a signal that decreases the legal uncertainty that until now stopped many financial institutions.
The new joint statement It occurs three months after the Fed announced the elimination of guidelines that hindered banks to operate with cryptocurrencies. These forced the entities to notify their plans in the sector in advance and follow a special regulatory procedure.
As Cryptonotics reported, this statement arrives at a time of changes within the Fed, since the new supervision vice president, Michelle W. Bowman, said after his assumption in June that one of his priorities will be to provide greater clarity and modernize the supervision of digital assets.
Bowman has stressed that regulatory uncertainty has been a brake for banking innovation, especially in the use of cryptocurrencies and emerging technologies such as artificial intelligence. Aware of this situation, he promised to review and update the existing guidelines to facilitate a safer and more efficient adoption of these assets by financial entities.
