Banks can't hold my crypto

Traditional banks to remain locked out from holding digital assets says Fox News Business.

SAB 121 published as 'guidance' by the SEC making changes or elimination of it difficult. 

Crypto held by banks democratizes Crypto into the mainstream right? If thats true how much do Crypto houses Coinbase, Crypto.com and others stand to loose? Its our opinion here that expansion into TradFi like this is a good thing and what the administration did by blocking the fundamentals SAB 121 offers as bad.

SOURCE:
U.S. House expected to uphold Biden veto preserving SEC accounting rule