House votes to nullify SEC’s anti-crypto banking guidance SAB 121
The U.S. House of Representatives has voted to overturn controversial SEC guidance blocking banks from custodying crypto assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The U.S. House of Representatives has voted to overturn controversial SEC guidance blocking banks from custodying crypto assets.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bankers sue to overturn OCC trust-bank rule used by crypto firms
The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency app...
Fiserv Puts Stablecoin Banking Platform Live With North Dakota Roughrider Coin
TL;DR Fiserv says its digital-asset platform is now live with financial-institution clients. Bank of North Dakota’s dollar-backed...
The SEC’s Buyback Guidance Is Narrower Than It Looks. Does Yours Pass the Test?
Crypto projects that buy back their own tokens have operated under a dour legal cloud within the US for nearly a decade. A buyback...
Circle Brings USDC Workflows Into Banking Platform Used By Major Institutions
TL;DR Volante Technologies and Circle have announced a collaboration around stablecoin payment and settlement infrastructure. Vola...
The Next Generation of Banking: W Group Connects Web2 and Web3
W Group is pleased to share the next stage in the development of hashbank, a fully licensed universal digital bank that combines t...
Congress weighs letting banks hold crypto, issue stablecoins
The proposal could accelerate institutional crypto adoption, potentially stabilizing digital asset markets and influencing Bitcoin...