Interpretive Letter

Definition ∞ An Interpretive Letter is a formal communication issued by a regulatory agency. It provides guidance on how existing laws or regulations apply to specific situations or new technologies. These letters offer clarity and direction to regulated entities.
Context ∞ In the crypto domain, interpretive letters from financial regulators, such as the OCC, hold significant importance. They provide crucial insights into the legal status and permissible activities for regulated institutions dealing with digital assets. These documents help shape industry compliance and operational strategies.