Banks 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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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.