Loading...
Market
What will be the status of financial institutions as custodians of digital assets by end of 2024?
4
Resolution / Starting Odds
Increase in custodians • 25%
Decrease in custodians • 25%
No change in custodians • 25%
New regulations introduced • 25%
Financial regulatory announcements or major financial news outlets
Story
U.S. Senate to Vote on Overturning SEC's Anti-Crypto SAB 121 Rule
May 16, 2024, 12:35 PM
The U.S. Senate is set to vote today on overturning the SEC's anti-crypto rule, Staff Accounting Bulletin 121, which discourages financial institutions from being custodians of digital assets. The consensus is that the Senate will follow the House in overturning the rule. President Biden has threatened to veto the bill if it passes the Senate. The vote is scheduled to start at 10 AM.
View original story
Similar markets
More restrictive • 33%
Less restrictive • 33%
No change • 33%
Bitcoin remains unaffected • 25%
Ethereum gains clarity • 25%
Stablecoins get stricter regulations • 25%
Altcoins face new restrictions • 25%
Clear guidelines established • 33%
Continued litigation • 33%
No major changes • 33%
Yes • 50%
No • 50%
Tougher regulations • 33%
No change in policy • 33%
Relaxed regulations • 34%
Goldman Sachs • 33%
JP Morgan • 33%
Morgan Stanley • 33%
Data Privacy • 25%
Compliance Costs • 25%
Interoperability • 25%
Legal Jurisdiction • 25%
Yes • 50%
No • 50%
North America • 25%
Europe • 25%
Asia • 25%
Rest of the World • 25%