Ninjastic
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Board Bitcoin Discussion
Re: The real change is happening
by
Patikno
on 04/09/2025, 18:25:59 UTC
Quote from: peter0425 on September 03, 2025, 10:14:29 PM
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 With the rule rescinded, US Bancorp is proceeding with a renewed push.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 really big change, and I think this is the importance of choosing leaders who know the potential of Bitcoin like the United States. We can imagine that the future of Bitcoin is increasingly bright, and I also see from the news that one of Germany's largest banks, namely Deutsche Bank also plans to allow the storage or deposit of crypto currency, especially Bitcoin for next year. So, we can conclude that the eyes of the world have begun to be fixed on Bitcoin, time by time will go over with an increase in adoption to it. Companies, institutions, or some countries have begun integrates on crypto currencies (especially bitcoin). So, let us take advantage of this real opportunity, realize the potential and never say "too late buying bitcoin".

By the way, some ago there was a discussion about this, and it seems that no one provided information related to US Bancorp which apparently had conducted a custody service in 2021, and was stopped because of the previous rules, but has now been operating again for the service.