U.S. Bancorp Positions Itself with Bitcoin Custody and Dividend Appeal

While numerous financial institutions continue to navigate a complex regulatory landscape, U.S. Bancorp is making a decisive move. The company has officially relaunched its institutional Bitcoin custody services, a strategic initiative timed to coincide with surging demand for digital assets. This development raises a compelling question for investors: can this pivot meaningfully influence the stock’s recent mixed performance?

A significant shift in Washington’s policy stance enabled this strategic re-entry. The repeal of the contentious SEC Staff Accounting Bulletin (SAB) 121 removed a major obstacle. This was swiftly followed by the passage of the GENIUS Act, which substantially reduced the capital requirements imposed on banks engaging in cryptocurrency custody. U.S. Bancorp is leveraging this newfound regulatory clarity to Read more...