US banking giants are writing a joint letter to the U.S. Securities and Exchange Commission (SEC) arguing for spot Bitcoin (BTC) exchange-traded fund (ETF) custodianship. The letter, which was sent on Valentine’s Day by four industry leaders, addresses SEC Chairman Gary Gensler and asks him to modify a law passed in 2022 (SAB No. 121) The post US Banking Leaders Vie for Spot Bitcoin ETF Custodianship in Joint Valentine’s Day Letter to the SEC appeared first on The Daily Hodl .
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