HUGE NEWS! US BANKS GIVEN GREEN LIGHT TO CUSTODY BITCOIN & CRYPTO
July 22, 2020
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8:38Now PlayingHUGE NEWS! US BANKS GIVEN GREEN LIGHT TO CUSTODY BITCOIN & CRYPTO
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as posted by the channelBanks in the US Can Now Offer Crypto Custody Services, Regulator says which is very Bullish news for Bitcoin and the Crypto Market. In a letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency, clearing the way for national banks to custody digital assets for their clients. This gives green light to JP Morgan, Bank of America, Goldman Sachs, Citibank, Santander and many more to custody crypto and digital assets.
A couple days of go we heard that Standard Chartered planned to launch an Institutional Crypto Custody Solution.
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#Bitcoin #Crypto #Banks #BTC #Cryptocurrency #Banking #CryptoRegulation #Regulation
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