Friday, December 9, 2022

FDIC: US Bank regulators

By DAC000 , in Cryptocurrency Regulation , at November 1, 2021 Tags: ,

are open to American Financial Institutions holding cryptocurrencies. About a one minute read.

Comment: well now this is interesting, if banks can hold crypto why would individuals hold crypto at all, let alone large sums. Fascinating development.

I’m a long term hodler and would love to be able to deposit my crypto in a Financial Institution; I don’t hold my stocks, why should I hold my crypto?

Oh yeh, when US banks can hold Bitcoin on their balance sheets, everyone will want to buy it, no one will need to sell it, and you won’t be able to afford it.