On July 15, according to the official announcement, the U.S. Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency jointly issued a guidance statement on banking organizations providing crypto-asset custody services. The statement clarifies that banks can provide crypto-asset custody services in a fiduciary or non-fiduciary capacity, but must strictly manage the security risks of cryptographic keys. Regulators emphasized that banks must establish a sound risk management framework, including key generation and storage security, anti-money laundering compliance, third-party risk management, and comprehensive audit procedures. This guidance applies to crypto-asset custody business under the existing regulatory framework and does not create new regulatory expectations. [Deep Tide TechFlow]