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US Bancorp Resumes Bitcoin Custody Services for Institutional Investors
CryptocurrencyBitcoin CustodyUpdated a day ago

US Bancorp Resumes Bitcoin Custody Services for Institutional Investors

US Bancorp is resuming its Bitcoin custody services for institutional investors after a three-year pause, now also supporting Bitcoin ETFs. This decision reflects a growing acceptance of digital assets and a belief that institutional demand outweighs regulatory risks in the current landscape.

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US Bancorp Resumes Bitcoin Custody Services After Three-Year Pause – Details
PositiveCryptocurrency
US Bancorp is restarting its Bitcoin custody services for institutional investors after a three-year hiatus, responding to recent regulatory changes in the US.
Editor’s Note: This development is significant as it indicates a growing acceptance of cryptocurrency in traditional finance, potentially attracting more institutional investment and enhancing the stability of the crypto market.
U.S. Bank Resumes Bitcoin Custody Services for Institutional Investors, Adding Support for Bitcoin ETFs
PositiveCryptocurrency
U.S. Bank has restarted its Bitcoin custody services for institutional investors and is now supporting Bitcoin ETFs. This move is expected to enhance the bank's offerings in the cryptocurrency space.
Editor’s Note: This development is significant as it reflects the growing acceptance of cryptocurrencies by traditional financial institutions. By resuming Bitcoin custody services, U.S. Bank is positioning itself as a key player in the evolving digital asset market, which could attract more institutional investors.
U.S. Bancorp reenters Bitcoin custody market in post-SEC landscape
PositiveCryptocurrency
U.S. Bancorp is reentering the Bitcoin custody market, believing that institutional demand now surpasses regulatory risks. The bank had paused this service for three years due to SEC-imposed capital requirements.
US Bancorp reopens Bitcoin custody services for fund managers
PositiveCryptocurrency
US Bancorp has reopened its Bitcoin custody services for fund managers, indicating a growing acceptance of digital assets in the financial sector.

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