After the approval of regulations that establish new rules for the United States banks to offer Bitcoin (BTC), the interest of the American traditional banking in digital assets is far from being a mirage. According to data published by the investment firm River, 13 of the largest banks in the US. They are exploring, announcing or implementing services related to bitcoin and other cryptocurrencies. The report starts from a classification that places these giants on two axes – Custody and Trading -, highlighting a clear change in the plans to link with the Bitcoin ecosystem. Such fact is observed in a list prepared by River in which it indicates how several of these financial entities went from «not yet» to the categories «exploring», «announced» or even restricted access for high -patrimony customers.
The offer of services is in different phases in the USA banks. Among the bank giants who have shown more advances are Morgan Stanleywhich since 2024 allows its 15,000 brockeres to recommend fundamental funds (ETF) of Bitcoin in cash to its customers. All this happened while the BNY Mellon received authorization from the Bag and Securities Commission (SEC) to implement custody services for the BTC and ETH in the hands of the investors of the funds quoted in the stock exchange (ETF). It also appears as the custodian of the reserves linked to the Ripple Rlusd Rlusd. State Street also joined the wave and last year he announced his plans to launch a stable currency and tokenized deposits. More recently, the executive director of Charles Schwab, one of the largest and most important financial services firms in the United States, announced his plans for Offer BTC and ETH trade (Ethereum cryptocurrency) to its customers. PNC Bank, on the other hand, selected Exchange Coinbase for heritage and asset management clients to trade cryptocurrencies directly through their accounts. Citibank is also on River's list because he considers custody services Since the beginning of this year. The bank has also explored the programmed transfer of tokenized deposits, a service focused on Latin America. JP Morgan is not out of the list after announcing his plans to offer guaranteed loans by Bitcoin and Ethereum. Thus, the interest of the great banks in the Bitcoin ecosystem is clear. A worldwide trend that has been existence for years and the one that They join More and more entities. The process takes more strength in the United States after the Federal Reserve (FED) eliminated, last April, the guidelines that restricted banking activities with cryptoactive. This, with the objective of updating regulations and promoting financial innovation.
