US Bancorp Relaunches Crypto Custody Service After SEC Rule Change

in #crypto2 days ago

Big news in the world of crypto banking!

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US Bancorp, the 5th largest bank in the US, has officially relaunched its cryptocurrency custody service.

This move comes after the SEC repealed a capital rule, which had been a major hurdle for banks looking to offer crypto services.

With this regulatory obstacle removed, more traditional banks are expected to step into the cryptocurrency space, potentially boosting mainstream adoption.

This could mark a significant shift in the relationship between traditional finance and digital assets.

What do you think — will this open the doors for mass adoption, or is it just the beginning of tighter regulation?

#Cryptocurrency #CryptoNews #Bitcoin #Blockchain #Banking #USBank #CryptoCustody #Finance #Investing #USBancorp

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