After this is gone Trillions will move into Crypto. SAB 121 is significantly impacting the ability of financial institutions to enter the crypto custodial business. Issued by the SEC, this guidance requires banks and other financial entities to record digital assets held for customers on their balance sheets. This requirement imposes a substantial capital burden, making it economically impractical for these institutions to offer crypto custody services at scale.

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#xlm #xrp #stellar

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