Crypto custody sector hails SEC's repeal as a victory for transparency and investor protection.

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	Forwarded this email? Subscribe here for more Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121 Crypto custody sector hails SEC's repeal as a victory for transparency and investor protection. CryptoSlate Jan 24   READ IN APP   Happy Friday! In a groundbreaking move, the SEC has retired SAB 121, paving the way for U.S. banks to offer Bitcoin custody services, marking a significant victory for transparency and investor protection in the crypto sector. Meanwhile, Ripple's lobbying efforts are seen as a major hurdle for a Bitcoin-focused Strategic Reserve in the U.S., according to Riot's VP. On the policy front, President Trump has signed an executive order to establish a 'strategic digital asset stockpile' and form a crypto working group, while also reaffirming his commitment to make the U.S. the 'world capital of crypto' at Davos. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here  https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.64 trillion, with a 24-hour volume of $178.96 billion. The price of Bitcoin is $105,662.60, and BTC market dominance is 57.6%. The price of Ethereum is $3,364.47, and ETH market dominance is 11.2%. The best-performing sector is Cannabis, which gained 64%. The Crypto Fear & Greed Index is currently Greed (75). Ability for US banks to custody Bitcoin opened up as SEC retires SAB 121 Crypto custody sector hails SEC's repeal as a victory for transparency and investor protection. 📰 Top News Ripple is the biggest obstacle for a Strategic Bitcoin Reserve in the US – Riot VP Pierre Rochard claimed that Ripple is using millions of dollars to lobby for a diversified crypto reserve instead of a Bitcoin-focused strategy. Trump signs executive order to establish ‘strategic digital asset stockpile,’ form crypto working group According to reports, the executive order also prohibits federal agencies in advancing CBDC plans. Trump reaffirms commitment to make US the ‘world capital of crypto’ at Davos This is the first direct crypto mention from President Donald Trump since taking office on Jan. 20. 📈 Latest Insights ‘Bitcoin only or no stockpile’ – digital asset reserve plans frustrate Bitcoiners 🗞️ More News Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets Binance Labs rebrands to YZi Labs, expands focus to AI and biotech with CZ mentorship Morgan Stanley CEO says lender is exploring path to offer crypto in the US Senator Elizabeth Warren outlines $2 trillion DOGE savings while raising alarms over Trump memecoins 📈 Latest Market Report One year of Bitcoin ETFs and 1,100,000 BTC CryptoSlate's latest market report dives deep into the first year of spot Bitcoin ETFs, examining key trends, capital flows, performance metrics, and their impact on the crypto market. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe