Simply Bitcoin Banks Are BENDING THE KNEE to Bitcoin... But There's a Catch | Simply SatoSHE
Dec 11, 2025
Banks are now approved to act as crypto intermediaries, opening the door for Bitcoin to flow more freely. Wealthy clients can now engage with spot Bitcoin through major institutions, but is this a genuine shift or just a trap? The discussion dives into how banks are leveraging Bitcoin for credit, the motives behind this pivot, and the risks associated with leaving funds in bank custody. Finally, practical steps for self-custody are outlined, urging listeners to take control of their assets.
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Banks Cleared To Act As Crypto Intermediaries
- The OCC now allows national banks to act as crypto intermediaries and match buyers and sellers as riskless principals.
- This change removes inventory risk for banks while enabling them to facilitate crypto trades under U.S. regulation.
Banks Pivot To Issuing Credit On Bitcoin
- Major U.S. banks have rapidly shifted from skepticism to issuing credit against Bitcoin or Bitcoin derivatives in the past year.
- This signals banks view Bitcoin as a new digital capital base to underwrite large-scale digital credit markets.
PNC Offers Spot Bitcoin To Wealthy Clients
- PNC Bank began letting high-net-worth clients buy spot Bitcoin directly inside its app, bypassing separate crypto exchanges.
- The move exemplifies how big banks are packaging Bitcoin access for wealthy customers first.