Odaily News Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, believes that many of Trump's promises to support cryptocurrencies will drive Bitcoin up, and he expects Trump to overturn Biden's veto of SAB121, a controversial U.S. Securities and Exchange Commission (SEC) accounting guideline that critics say prevents investment banks from providing cryptocurrency custody services on a large scale. Geoff Kendrick believes that Trump will achieve this goal soon after he takes office on January 20 next year, and believes that this move will drive more institutions to adopt cryptocurrencies. (TheBlock)