🚀Christy Goldsmith Romero, nominated to lead the Federal Deposit Insurance Corporation (FDIC), testified before Congress that banks should be able to custody cryptoassets. According to Romero, cryptocurrencies are "another business like any other business," and it is not the FDIC's role to instruct banks on which assets to custody.

This announcement comes amid the ongoing regulatory battle in the United States. The 2024 election and continued hostility from the SEC have sparked a widespread response from industry executives, who are now meeting with DC lawmakers and mobilizing policy initiatives like The Bitcoin Voter Project.

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