Will SAB 121 Abolition Allow Banks To Hold Bitcoin?

Quick Summary:

Donald Trump’s crypto policies have ignited a sense of optimism within the industry, hinting at a new era of growth and innovation.

Experts hope that the abolition of SAB 121 will pave the way for the establishment of Bitcoin banks.

The US Securities and Exchange Commission’s decision to rescind SAB 121 has further fueled confidence.

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaEl Salvador

Topics: Bitcoin (BTC) Price SAB 121 Operation Chokepoint 2.0 Regulation News 24/7 Cryptocurrency News Donald Trump Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 18:20:03 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25432124

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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