Anthony Scaramucci Links Crypto Surge to Regulatory Openings

Scaramucci notes that eased rules and institutional moves, including U.S. banks allowing Bitcoin custody, are driving greater participation in digital assets.

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Terms & Concepts
  • Custody (crypto): The act of securely holding and managing cryptocurrency assets on behalf of clients, typically by a regulated institution.
  • Tokenization: The process of converting real-world assets into digital tokens on a blockchain, enabling easier trade and fractional ownership.
  • SEC (U.S. securities regulator): The Securities and Exchange Commission oversees securities markets and protects investors in the United States.