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In the News
May 1, 2025
Relaxed Regulatory Oversight Spurs Bank-Crypto Activity
Banking Dive
In a Banking Dive article published on April 30, Brad Rustin provided insights into the banking industry's renewed interest in cryptocurrency following regulatory shifts.
Rustin noted that "lots and lots and lots of banks" are exploring cryptocurrency opportunities amid the Trump administration's relaxed regulatory approach. He identified two main categories: “fintech-forward banks that have long had an understanding of crypto assets, and large banks that have sizable securities custodial programs.”
According to Rustin, these larger banks view crypto custody as "no different than custodying a stock or bond. It's just how you actually control it and how you maintain it that's different."
You may read the full article here.
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