SEC Rule Change Pushes U.S. Bancorp to Restart Crypto Custody

TLDR: U.S. Bancorp has restarted crypto custody services following an SEC rule change that eased capital restrictions for banks. The bank halted its crypto custody program in 2022 due to unclear regulatory guidance on handling digital assets. Institutional clients will once again be able to store Bitcoin, Ethereum, and other assets through U.S. Bancorp. Analysts [...]

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