Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»President Trump abolishes SAB 121 to allow banks to keep Bitcoin and cryptocurrency assets.
ALTCOIN NEWS

President Trump abolishes SAB 121 to allow banks to keep Bitcoin and cryptocurrency assets.

By Crypto FlexsJanuary 24, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
President Trump abolishes SAB 121 to allow banks to keep Bitcoin and cryptocurrency assets.
Share
Facebook Twitter LinkedIn Pinterest Email

President Trump officially officially deleted the controversial guidelines of the US Securities and Exchange Commission, which effectively prevent US banks from holding cryptocurrency assets.

The new administration abolished the employee accounting announcement 121, which allows the bank to identify the cryptocurrency assets held on behalf of the customer as a debt of the balance sheet.

The bill to eliminate the guidelines passed both the House of Representatives and the Senate last year, but President Biden vetoed.

This problem is a top priority among cryptocurrency supporters, but the removal of the rules was not a campaign promise.

Bank of America CEO Brian Moynihan recently said that US banks are ready to enter the opportunity to keep cryptocurrency assets.

“If the rules are applied and make it actually business, the banking system will have difficulty in trading.”

Don’t miss a moment – Subscribe to receive your own email notification.

Check price measures

Follow us XFacebook, Telegram

Daily HODL Mix Surfing

&nbsp

Exemptions: The opinions expressed in The Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Please note that the risks of your transfer and transactions are entirely your responsibility, and that all possible losses are your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrencies or digital assets, and The Daily HODL is not an investment advice. The Daily HODL is participating in affiliate marketing.

Created image: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stot Ether ETFS Inflow stripes were in progress of 812.2m.

June 8, 2025

Bitcoin threatens $ 100K and encryption loss increases as MUSK/Trump Feud becomes nuclear weapons.

June 8, 2025

40% mask token conflict in Trump vs. Elon Musk

June 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Chainalysis and FBI collaborate to freeze ransom in the Caesars casino cyber attack.

June 8, 2025

Stot Ether ETFS Inflow stripes were in progress of 812.2m.

June 8, 2025

AETHIR’s distributed GPU infrastructure was explored in Bitfinex AMA.

June 8, 2025

Bitcoin threatens $ 100K and encryption loss increases as MUSK/Trump Feud becomes nuclear weapons.

June 8, 2025

Circle refused to buy $ 5 billion in Ripple. It is worth more than $ 20 billion after NYSE debut.

June 8, 2025

NVIDIA unveils the Nemotron-H reasoning model for enhanced throughput.

June 8, 2025

Render Royale May 2025: The winner was unveiled on a fantastic display.

June 8, 2025

40% mask token conflict in Trump vs. Elon Musk

June 8, 2025

Gemini IPO submissions will bring the Winklevoss Crypto company to Wall Street.

June 8, 2025

CUDIS bets on longevity exercises by betting on wearable, AI and solana tokens.

June 8, 2025

VEXI Village unveils new features and events in June.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Chainalysis and FBI collaborate to freeze ransom in the Caesars casino cyber attack.

June 8, 2025

Stot Ether ETFS Inflow stripes were in progress of 812.2m.

June 8, 2025

AETHIR’s distributed GPU infrastructure was explored in Bitfinex AMA.

June 8, 2025
Most Popular

Best Altcoin Picks by Arthur Hayes and Raoul Pal

June 10, 2024

Will altcoins triple in value? Analysts Predict a Breakout!

May 28, 2024

Is it your breathing before the next movement?

November 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.