US Federal Bank Regulators allowing US banks legal permission to engage in buying, selling & custody of Cryptocurrencies without prior approval is a massive Regulatory Clarity.

According to PANews, U.S. federal bank regulators have announced that banks are permitted to legally engage in the buying, selling, and custody of cryptocurrencies. This decision marks a significant development in the integration of digital currencies within the traditional banking sector, potentially paving the way for broader adoption and acceptance of cryptocurrencies in financial services.