Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price

Cointelegraph

Published Dec 18, 2020 06:30PM ET

Updated Dec 19, 2020 08:40PM ET

This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented.

This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish momentum that has been driving crypto prices higher.

BTC/USD 4-hour chart. Source: TradingView.com

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