Thursday, 29 May, 2025

US Banks Cautiously Explore Crypto Amid Regulatory Shifts and Pilot Initiatives

Major US banks are cautiously venturing into cryptocurrency services, initiating pilot programs and partnerships as regulatory clarity improves. While institutions like JPMorgan remain skeptical, others such as Charles Schwab and Bank of America are preparing crypto offerings. Banks are seeking clearer guidelines on anti-money laundering and market rules before expanding into crypto trading, custody, and stablecoins.