Sector Regulation Sector Regulation

Comment: Banks fighting losing battle with regulators on Bitcoin capital debate

By Fiona Maxwell
  • 24 Sep 2021 11:26
  • 24 Sep 2021 11:26
Banks are pushing regulators hard to be given a free hand in trading Bitcoin and other volatile but potentially lucrative cryptocurrencies.

They’re not having much luck. Global regulators seem determined to set high capital requirements for banks to trade cryptocurrencies, which the banks argue effectively shuts them out of the market.

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