The @USOCC has issued Interpretive Letter 1184, clarifying that national banks can provide crypto custody services, including outsourcing to third parties. But how does this align with crypto’s core principles? 🧵 #CryptoRegulations #PrivacyMatters #CryptoInnovation

7/ 📊 Implications for the Industry • Banks could dominate crypto custody, sidelining decentralized solutions. • Users may choose banks for convenience, but at the cost of privacy and self-custody. • True crypto enthusiasts may seek alternatives that preserve user

8/ ✅ The expected result Crypto’s core ethics—decentralization, self-custody, and privacy—are at odds with banks controlling digital assets. As regulatory clarity grows, the tension between traditional finance and decentralized principles is becoming more pronounced. How