US Bank Resumes Crypto Custody Services: Institutional Adoption Booms

U.S. Bank has announced the resumption of its US Bank crypto custody services, marking a significant milestone in the mainstream adoption of digital assets within traditional finance. This move, first reported by Bloomberg, comes after a brief pause due to regulatory changes. The bank had initially partnered with NYDIG for specialized crypto custody services but faced delays as the SEC tightened regulations regarding digital asset custody.