Those who believe in Bitcoin also believe in intelligence.

Banks

11

Basel draft rules make crypto too costly for banks to trade, says industry

Proposed rules would make “bank involvement in the cryptoasset market cost-prohibitive from a capital perspective,” industry associations have told regulators. Nine banking industry associations have submitted a letter to the...
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11

JPMorgan, Deutsche Bank Oppose Strict Basel Rules For Banks Holding Bitcoin

The biggest U.S. and European banks oppose strict new rules that would require them to set aside a dollar in capital for every dollar of bitcoin they own. Three months...
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11

Australian banks accused of sidelining crypto firms

The banks point to AML and other compliance risks related to cryptocurrencies as the reason not to engage crypto firms The National Australia Bank (NAB), one of Australia’s Big Four...
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11

Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto

Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for...
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