Tomorrow could be a very special day if there is a vote to override President Biden's veto to repeal SAB Regulation 121.
Regulation SAB 121, issued by the United States Securities and Exchange Commission (SEC), prohibits banks from engaging in the custody of digital assets (crypto). This deregulation could create a major turning point for the crypto market, opening up opportunities for banks to enter the sector and promoting widespread adoption of cryptocurrencies.
If the vote is successful, this will be extremely positive news for the crypto community, potentially pushing up the value of many cryptocurrencies.
