According to BlockBeats, on July 15th, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Office of the Superintendent of Currency (OCC) issued a joint statement on cryptocurrency custody, providing operational guidance for banks holding cryptocurrency assets. (Golden Ten)

Golden Finance reports that the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Superintendent of the Currency (OCC) have issued a joint statement. The US banking regulatory authorities have released a blue book on lending institutions holding cryptocurrencies.

Federal bank regulatory agencies today issued a joint statement in their continued efforts to provide clarity on banks' engagement in crypto-asset-related activities. The statement highlights for banks potential risk-management considerations related to holding crypto-assets on their customers' behalf, or crypto-asset safekeeping.The joint statement discusses existing risk-management principles that apply to crypto-asset safekeeping and reminds banks that provide or are considering providing safekeeping of such assets that they must do so in a safe and sound manner and in compliance with applicable laws and regulations.The statement does not create any new supervisory expectations. The agencies continue to explore ways to provide additional clarity with respect to banks' engagement in crypto-asset-related activities.

According to BlockBeats, on July 15th, despite previously referring to Bitcoin as an "immature asset class" and considering it unsuitable for long-term investors, Vanguard Group has now become the largest shareholder of MicroStrategy. According to Bloomberg, this institution managing $10 trillion in assets holds 20 million shares of Micro Strategy through its funds, accounting for 8% of the outstanding shares, and is likely to surpass Capital Group as the largest shareholder in the fourth quarter of last year.

The bluechip DeFi token hit its strongest price in five months, gaining 8% over the weekend.