This decree allows banks to take custody #Bitcoin and thus enables massive acceptance.
Congress passed it last year, but Biden vetoed it. Trump's team made it clear: this is priority No. 1.
- Spot ETFs authorized
- Fair value accounting was confirmed
- Repeal of SAB 121 = banks + Bitcoin
Deregulation of the crypto market is good for a pro-crypto bank like $SOFI (+1,16 %) 🚀