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Cryptocurrency Cointelegraph

US Congress members urge financial authorities to invalidate SEC’s SAB 121

In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Congress members urge financial authorities to invalidate SEC’s SAB 121

In a memo, Congress members state that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the 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 Cointelegraph

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