Recent joint statements from U.S. banking regulators, including the Federal Reserve, FDIC, and OCC, have clarified rules for banks involved in crypto-asset safekeeping as demand from cryptocurrency companies intensifies. With agencies emphasizing risk-management considerations, they have outlined a framework that allows banks to hold digital assets, including Bitcoin. Companies like Circle and Ripple are pushing to secure banking charters, aiming to integrate more closely with traditional finance. This regulatory clarity comes as many crypto firms seek to establish a foothold in banking, signaling a significant shift towards mainstream financial services amid evolving regulations.