Banks Given Green Light to Custody Crypto Ahead of Key Legislation Voting

The United States lawmakers are preparing for important votings on several crypto-related bills this week. Later this week, the House of Representatives will vote on the market structure bill in addition to the GENIUS Act.

If the House passes the GENIUS Act without any changes as approved by the Senate, the bill will be forwarded to President Donald Trump to be signed into law. The House will also vote on bills that address the crypto market structure and CBDC, which will then be returned to the Senate for the final vote.

Banks Can Now Custody…