The incoming Trump administration is expected to bring about a significant change in the U.S. approach to digital assets. This could lead major banks to explore crypto custody services, indicating a potential shift towards greater involvement in the cryptocurrency sector.

Paul Atkins, a known advocate for digital assets, has been appointed to replace Gary Gensler as head of the Securities and Exchange Commission, while David Sacks, a proponent of cryptocurrency, has been designated as the White House's lead on artificial intelligence and cryptocurrency initiatives. These appointments suggest a potential change in regulatory attitudes towards the digital asset market.