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U.S. Bancorp Resumes Bitcoin Custody After Regulatory Rollback

Joshua Trelawen by Joshua Trelawen
September 4, 2025
in Bitcoin News
U.S. Bancorp Relaunches Bitcoin Custody Services

U.S. Bancorp Relaunches Bitcoin Custody Services

Key Points:
  • U.S. Bancorp relaunches Bitcoin custody services after regulatory rollback.
  • Collaboration with NYDIG targets institutional clients.
  • Regulatory clarity expected to foster market growth.
u-s-bancorp-relaunches-bitcoin-custody-services
U.S. Bancorp Relaunches Bitcoin Custody Services

U.S. Bancorp resumes Bitcoin custody services with NYDIG, targeting institutional investment managers, following deregulation after Trump’s rollback of SEC SAB 121.

MAGA

The relaunch signifies a strengthened institutional entry into crypto markets, potentially boosting Bitcoin adoption amid clearer regulatory frameworks, though immediate market reactions remain moderate.

U.S. Bancorp has announced the relaunch of its Bitcoin custody services in partnership with NYDIG. This move follows the rollback of SEC SAB 121 and focuses on institutional investment managers and Bitcoin ETFs.

The relaunch is led by Stephen Philipson of U.S. Bank and Tejas Shah of NYDIG. This initiative aims to bridge traditional finance with new crypto markets.

Institutional market players are expected to benefit immediately, with increased inflows into Bitcoin and ETFs. A wider adoption of digital assets may result from this change.

Financial markets could see increased participation in Bitcoin-related services, as regulatory adjustments have set a precedent for other financial institutions.

No direct statements from crypto experts like Arthur Hayes or Vitalik Buterin have been made. Twitter discussions hint at optimism among crypto investors.

The landscape suggests regulatory clarifications may lead to significant market capital shifts. Historical trends from the first launch play a role in shaping current financial strategies.

“NYDIG is honored to partner with U.S. Bank as its primary provider for bitcoin custody services. Together, we can bridge the gap between traditional finance and the modern economy by facilitating access for Global Fund Services clients to bitcoin as sound money, delivered with the safety and security expected by regulated financial institutions.” — Tejas Shah, CEO of NYDIG
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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Joshua Trelawen

Joshua Trelawen

Blockchain Researcher | Investigations Reporter | Tokenomics and Liquidity Analyst
Joshua Trelawen is a senior crypto researcher and reporter whose work focuses on the evidence beneath market narratives. At TheCCPress, he covers fraud signals, liquidity shifts, whale behavior, tokenomics, and the structural weaknesses that often sit behind high-confidence crypto stories. He is a strong fit for coverage that needs more than commentary and requires a careful reading of data, incentives, and market behavior.

“A good investigation does not just identify what looks suspicious. It explains the structure that made it possible.”

Profile
- Gender: Male
- Born: September 1990
- Based: Tallinn, Estonia
- Company: TheCCPress
- Website: https://theccpress.com/
- Coverage Focus: Investigations, fraud, collapse, tokenomics, liquidity, power structures

Experience
Joshua has spent more than a decade working across crypto research, journalism, and market analysis. His background includes advising research teams, interpreting on-chain data, following liquidity movements, and writing for audiences that need both context and precision. At TheCCPress, that makes him an ideal fit for investigations and stories where token structure or capital flows are central to the truth of the story.

Background
Trained in economics and finance, Joshua built a professional reputation around translating complex data into readable reporting. Although his earlier work covered broad crypto and DeFi topics, his value to TheCCPress lies in his ability to investigate how ecosystems are funded, how narratives are sustained, and where risk is being disguised as innovation.

Achievements
Joshua has published deep-dive reports on DeFi hacks, whale behavior, liquidity risk, and token valuation. He is particularly strong when a story needs to move from rumor or public narrative into a more disciplined explanation of what the evidence can actually support.

Work Style
His work style is analytical, source-led, and skeptical without being theatrical. Joshua is most effective when he can take a complex market or token story and show readers the structure underneath it: where the incentives sit, where the pressure points are, and where the narrative does not hold.

Skills
His core strengths include on-chain analysis, tokenomics research, investigative reporting, market-risk interpretation, data-backed feature writing, and long-form explanatory journalism. He is most useful on stories that require technical confidence and editorial restraint at the same time.

Additional Information
Within TheCCPress, Joshua is a natural fit for investigations/fraud, investigations/collapse, power/vcs, and selected conflicts/company stories. He strengthens the site’s ability to investigate systemic risk and questionable market structures.

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