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The U.S. Securities and Exchange Commission (SEC) has confirmed that all banks and financial institutions are now authorized to offer Bitcoin-related services. SEC Chair Pierce announced on CNBC that this regulatory change will enable banks and Wall Street firms to custody Bitcoin, marking a significant development in the integration of cryptocurrency into traditional financial systems. This shift is expected to facilitate broader adoption of Bitcoin services across the financial sector.
I can confirm, not every Steak ‘n Shake accepts bitcoin. https://t.co/fzoumk3cSz
SEC CONFIRMS BANKS & FINANCIAL INSTITUTIONS CAN NOW OFFER BITCOIN SERVICES In a major shift, the SEC has confirmed on CNBC that all U.S. banks and financial institutions are now permitted to provide Bitcoin-related services. This move could open the floodgates for mass https://t.co/G5WwQd6LL7
SEC CONFIRMS ON CNBC THAT EVERY BANK AND FINANCIAL INSTITUTION CAN NOW OFFER BITCOIN SERVICES. https://t.co/FW2w2xNfQq
