Regulation· ★★★· neutral·

CRS: Congress must decide who sets the limits on US banks' crypto activities

  • —CRS: supervisors have repeatedly shifted crypto policy for banks since 2017
  • —OCC's March 2025 Interpretive Letter 1183 confirmed custody and some stablecoin activities
  • —The July 2025 GENIUS Act covers payment stablecoin issuance by bank subsidiaries
  • —The CLARITY Act remains stalled after the Senate rejected cloture 49-50 on Sept. 15, 2026
Why it matters: The choice will shape how far US banks can expand crypto services and how durable the rules remain across changes in administration.
Source: TokenPost
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