Post
Topic
Board Bitcoin Discussion
Re: The real change is happening
by
Zigabel
on 04/09/2025, 15:04:20 UTC
US Bancorp has reentered the crypto space by relaunching its digital asset custody services aimed at institutional investment managers. This shows the importance of an administration that is ready to accept cryptocurrencies wholeheartedly. Many corporations will be now free to hold crypto and even offer services related to that. This will continue to lead to a mass adoption very quickly.

Quote
The Minneapolis-based bank, the fifth-largest commercial bank in the US, first launched its custody service in 2021 in partnership with fintech firm NYDIG, before it was paused due to the SEC guidance. With the rule rescinded, US Bancorp is proceeding with a renewed push.
This is a new wave of revolution for Bitcoin and cryptocurrency generally because every others will begin to see reasons to join in with the adoption and it won't be long there's going to be another phase of transition for bitcoin such that most persons have not foreseen because  the involvement of the government bodies and bigger institution is definitely changing the game and taking crypto to a different higher level all together only that this may be posing some pseudo control system we need to look out for.

I mentioned that because when all these bodies become biggest holders, they tend to have the ability of manipulation indirectly because their moves of buys or sells will have a way of triggering certain reactions in the market but if a vast majority of total distribution is at retail levels, such manipulations and pseudo control fails because it becomes even more difficult to mop up all the distributions into a channel of control.