A couple of days ago was the announcement of Sen. Lummis going to the Nashville Conference to announce legislation for the strategic Bitcoin reserve. Before in the halls of BIS and other large institutional banks, you had to use euphemisms such as “Digital Assets” and “on-chain only” rather than the dirty, sinful word “crypto. In 2023, Project Atlas from BIS began to explore DeFI and crypto and now, BIS has given the green light for banks to have exposure to crypto, according to Saloi Benbaha of Tradefinix.