🎉🏦 US Senate votes to ditch the ban on banks offering crypto custody services! A big step forward, but will it survive a potential presidential veto? Let's discuss! 👇

• The Senate passed H.J.Res.109, opposing the SEC's Staff Accounting Bulletin 121 (SAB 121). Critics say it's a costly "rule" disguised as "guidance", hindering banks from safeguarding customers' crypto assets.

• The House passed the resolution last week with a 55% majority. The Senate saw a 60/38 split, with all Republicans and 11 Democrats in favor.

• President Biden has promised a veto, but some hope the Senate's result might sway the administration.

• This is the first purely crypto-focused legislation passed by both chambers of Congress.

Your thoughts? Will this change the game for US crypto banking? #CryptoNews #DeFi 🚀