The Senate just blinked, failing to override the veto of H.J. Res 109 and cementing the SEC’s grip on crypto custody.
This leaves $XRP and its peers trapped behind institutional accounting walls that make bank adoption a nightmare. Capital is now pivoting hard toward $USDC and safer, regulated corridors. Watch upcoming institutional filings to see if any banks are actually brave enough to touch these assets under such a restrictive regime.
#crypto #regulation #finance
This leaves $XRP and its peers trapped behind institutional accounting walls that make bank adoption a nightmare. Capital is now pivoting hard toward $USDC and safer, regulated corridors. Watch upcoming institutional filings to see if any banks are actually brave enough to touch these assets under such a restrictive regime.
#crypto #regulation #finance
