OCC Authorizes US Banks to Manage Crypto Gas Fees

• Lyla Velez
• November 19, 2025
• Policy
• 0 Comments

Integrating Blockchain into Banking

Under Interpretive Letter No. 1186, the OCC issued guidance allowing national banks to hold cryptocurrencies for paying blockchain “gas fees”. This facilitation is closely linked to the GENIUS Act, clarifying banks’ involvement with digital assets. OCC, contemplating financial innovation, mandates US banks’ strategic engagements with cryptocurrencies, revolutionizing industry standards.

Regulatory Change Driven by Leadership

Jonathan Gould, currently helming the OCC, influenced this regulatory change. Impacting national banks, they can now manage digital assets for internal operations like Ethereum’s ETH, Solana’s SOL, addressing blockchain networks’ operational needs. According to a Banking Journal article, increased participation in tokenization could lead to achieving substantial operational efficiency by reducing frictions previously hindering banks from blockchain adaptation.

Rise of DeFi and Stablecoins

Businesses may experience considerable adaptation, with reduced barriers for banks seeking blockchain integration. Stablecoin activities might soon rise, accompanying shifts in DeFi operations. The OCC guidance removes one of the last obstructions in banks’ blockchain deployment, facilitating smoother adoption across institutional setups.

“The need for banks ‘to pay network fees to facilitate otherwise permissible crypto-asset activities and to hold, as principal, amounts of crypto-assets on balance sheet necessary to pay network fees for which the bank anticipates a reasonably foreseeable need is permissible for the bank.'” — OCC Interpretive Letter No. 1186

Potential implications include enhanced blockchain infrastructure fostering financial and operational synergies for banks. Digital ledger advancements could notably benefit from this regulatory infrastructure, ensuring regulated leverage in blockchain technology utilization.

Future Prospects

This policy represents a notable precedent as US banks shift towards direct engagement with blockchain technology, reshaping financial and operational paradigms. Through new regulatory clarity, banks may adopt innovative blockchain strategies, predicted to boost operational efficiency widely. For further insights, you may refer to Finance Feeds.