US Regulators Have Changed Bank Crypto Rules With Every New President Since 2017. Why a Law Is Better for Bitcoin

U.S. bank regulators' approach to crypto has reversed with each presidential administration since 2017, creating substantial policy uncertainty around Bitcoin's access to banking services. Wall Street is pricing the risk that any current regulatory framework could be rescinded by the next administration. Congressional inaction on a durable statutory framework remains the key unresolved risk for crypto banking access.