Urgent ‼️ Washington, December 9 (Reuters) - A national U.S. banking regulatory agency announced on Tuesday that banks will be allowed to act as intermediaries in cryptocurrency transactions, in the latest move by the Trump administration to bridge the gap between the traditional financial sector and cryptocurrency activities.

The Office of the Comptroller of the Currency issued new guidance stating that banks can participate in what are known as "risk-free capital" transactions involving crypto assets, and will not be subject to regulatory scrutiny.

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