According to the source, CNBC reported that Citi plans to launch crypto custody services in 2026, adding a major global bank to regulated digital asset safekeeping, source: CNBC. This follows BNY Mellon’s 2022 rollout of custody for Bitcoin (BTC) and Ethereum (ETH), which established a bank-grade operating model for institutional clients, source: BNY Mellon press release. U.S. national banks have regulatory clarity to provide crypto custody under Interpretive Letter 1170, which outlines how banks can safekeep digital assets, source: Office of the Comptroller of the Currency. For traders, additional bank custodians can broaden access for institutional mandates that require regulated custody and support product pipelines that rely on qualified custodians, with spot Bitcoin ETF approvals in 2024 underscoring mainstream integration of crypto into regulated markets, source: U.S. Securities and Exchange Commission.