United States of America: Interpretive Letter 1186 on Authority of National Banks to Hold Crypto-Assets as Principal and Pay Crypto-Asset Network Fees as Incidental to a Permissible Banking Activity
Progress
Current status
adopted
18 Nov 2025 adopted
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Office of the Comptroller of the Currency released Interpretive Letter 1186 on Authority of National Banks to Hold Crypto-Assets as Principal and Pay Crypto-Asset Network Fees as Incidental to a Permissible Banking Activity
On 18 November 2025, the Office of the Comptroller of the Currency (OCC) released Interpretive Letter 1186. The letter confirms that a national bank may pay network fees on blockchain networks as an activity incidental to banking. It also allows a b…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body