In a related move, the U.S. Office of the Comptroller of the Currency (OCC) announced that national banks can now engage in specific crypto activities, such as crypto-asset custody and certain stablecoin operations, without prior regulatory approval. This change rescinds previous requirements and aims to reduce regulatory burdens on banks involved in crypto-related practices. 
REUTERS.COM

These developments have sparked discussions about potential risks, including conflicts of interest and market volatility. Critics express concerns over the influence of crypto companies on political outcomes and regulatory environments, while others debate the implications of a national crypto reserve on the financial system. 
THEGUARDIAN.COM