Key Notes

America's fifth-largest bank returns to crypto custody following favorable regulatory changes under the Trump administration.

The bank partners with NYDIG to offer Bitcoin storage services, starting with registered funds and ETFs before expanding offerings.

US climbs to second place globally in crypto adoption rankings, reinforcing America's push to become the world's crypto capital.

US Bancorp, the fifth-largest bank in the US by total assets under management, has reopened its cryptocurrency custody services after a four-year hiatus.

Stephen Philipson, the head of the wealth, corporate, commercial and institutional banking unit at US Bancorp subsidiary US Bank, announced the return to form in a Sept. 3 interview with Bloomberg , citing changes to the US regulatory environ

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