US OCC Allows Banks to Offer Crypto Services as Ethereum's Pectra Upgrade Enables Higher Staking Limits

The US Office of the Comptroller of the Currency (OCC) has officially clarified that all national banks and federal savings associations under its supervision are authorized to offer a variety of cryptocurrency services to their clients. These services include crypto-to-fiat conversions, trade execution services, and tax-related assistance, expanding the financial ecosystem's integration with digital assets.

In parallel, Ethereum's highly anticipated Pectra upgrade is now live, marking a significant development in the network's staking capabilities. Validators on the Ethereum network can now stake up to 2,048 ETH tokens, a substantial increase from the previous limit of 32 ETH. This boost enables validators to potentially earn higher staking rewards and contribute more effectively to the network's security and performance.

For crypto enthusiasts and investors looking to take advantage of these advancements, Bitlet.app offers an innovative Crypto Installment service. This allows users to buy cryptocurrencies like Ethereum now and pay monthly, rather than paying the full amount upfront, making it easier to participate in staking and other opportunities.

As regulatory bodies like the OCC pave the way for mainstream financial institutions to engage with crypto, and technology upgrades like Ethereum's Pectra enhance network utility, platforms such as Bitlet.app help bridge the gap for users by providing accessible and flexible methods to invest in crypto assets.