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

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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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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