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Blogchain arrow-bc Trending News arrow-bc Banks One Step Closer To Holding Bitcoin Due To House Bill Approval
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Banks One Step Closer To Holding Bitcoin Due To House Bill Approval

11 months ago Dot Mason Thompson

DALL·E 2024-05-09 16.33.13 - A sophisticated and serious toned illustration featuring the U.S. Capitol building in the background, symbolizing government involvement. In the foreg.png
The US government is debating how banks should handle crypto for customers. The SEC issued a rule (SAB 121) to restrict banks from holding crypto, but the House voted to overturn it. This clash highlights the challenge of balancing consumer protection in a risky market with promoting innovation in a new industry.
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