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2025 FinAccelerations – US Digital Assets Publications
The Office of the Comptroller of the Currency (the “OCC”) has held for the first time that national banks may hold crypto assets as principal on their balance sheet in order to pay reasonably expected amounts of “network fees” or “gas fees” on blockchain networks. On November 18, 2025, the OCC issued Interpretive Letter #1186 to confirm that national banks may permissibly hold, as principal, sufficient crypto assets to pay blockchain network fees, in anticipation of paying such fees….
By: Jones Day