According to Michael Saylor, the Office of the Comptroller of the Currency (OCC) has officially stated that it is permissible for banks to embrace Bitcoin, as reported on May 8, 2025 (source: Michael Saylor on Twitter). This regulatory approval signals a major shift in the U.S. banking sector, enabling traditional financial institutions to offer Bitcoin-related services. For traders, this decision is likely to enhance institutional adoption and increase liquidity in the crypto market, potentially impacting Bitcoin price volatility and trading strategies. The OCC’s move could also accelerate integration between traditional finance and digital assets, making Bitcoin more accessible to mainstream investors (source: OCC statement via Michael Saylor).