New Delhi, Feb. 7 -- The US Federal Reserve and the Office of the Comptroller of the Currency - the nation's top banking regulators - will soon loosen their tough stance when it comes to digital assets now that President Trump has fully embraced the industry, On The Money has learned.

Officials at the nation's top banks, namely JP Morgan and Bank of America, are growing more optimistic that regulators will soften their long-held anti-crypto stance. They expect to be providing even basic services to crypto clients such as holding digital assets in custody, even buying bitcoin exchange-traded funds at their branches.

The change in sentiment at the bank's top overlords all began with President Trump's courting of the $3.5 trillion crypto b...