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.

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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 With the rule rescinded, US Bancorp is proceeding with a renewed push.

Adoption is inevitable. Only a matter of time.

I have said this and will continue saying this.

The SEC needs to stop putting stones in the path of cryptocurrency. We know they are only acting in favor of the banks, which desperately are trying to hang on to the old system of money. If they had any sense they would change their business model to update it for the future version of currency, which is decentralized. That is what scares them the most. Losing control over other people's money.