Crypto & Bank-Permissible Activities Topic of White Paper From CRS
October 01, 2026
October 01, 2026
WASHINGTON, Oct. 1 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF13324) by macroeconomic policy specialist Marc Labonte:
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Crypto and Bank-Permissible Activities
By law, banks can engage only in "the business of banking" and related or incidental activities. These limitations differentiate banks from other financial firms. The business of banking includes accepting customer deposits and making . . .
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Crypto and Bank-Permissible Activities
By law, banks can engage only in "the business of banking" and related or incidental activities. These limitations differentiate banks from other financial firms. The business of banking includes accepting customer deposits and making . . .