ilmscore | Prediction Details
"the repeal of Sab 121 very unpopular with the banks it was this rule the SEC had um around you know Banks could not custody crypto it just didn't make sense it actually passed last year if I recall and then we got to Biden's desk and he vetoed it the resending of this y so with a simple executive action uh you know he could an order he could the SEC could resend this 2022 accounting guidance"
By Coin Bureau | January 20, 2025 | Pending
From video
Crypto News: Bitcoin BREAKING ATHs, Trump Memecoins, XRP & SOL Flying & More! 00:16:49 - 00:17:17
Interpreted Prediction
The repeal of SAB 121, which prevented banks from custodying crypto, is considered an 'easy win' for Trump's administration and could be reversed via executive action.

Prediction Details

Topic
US Crypto Policy

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.