$BTC đšđ U.S Bank FOMO Bitcoin ETF, SEC Asked to Adjust Rules !!
Major banks and financial institutions in the United States are pushing the United States Securities and Exchange Commission (SEC) to readjust the definition of crypto assets
This adjustment can allow them to have a bigger role in crypto, one of which is acting as a crypto custodian.
According to Eric Balchunas, Bloomberg ETF analyst of U.S. banks, which no longer plays a major role, it's this Bitcoin ETF that led them to push the SEC to change guidance around digital asset ownership.
Until now, banks in the US have not obtained permission to engage as custodians. On the other hand, other ETFs generally provide a role for banks as custodians.
Bitcoin weekly newsletter author TheBitcoin Therapist said, "Bankers are getting annoyed that they can't provide Bitcoin ETFs to their customers. FOMO Q1 is already driving them crazy."
what do you think ????
