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CRYPTOCURRENCY

Banks object to harsh Basel rules governing cryptocurrencies

Banks object to harsh Basel rules governing cryptocurrencies

Forum for lenders including JPMorgan and Deutsche Bank argues rules would push crypto trading into unregulated corners of the financial system The biggest US 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, a group of...

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Basel Basel Committee for Banking Supervision Deutsche Bank European Global Financial Markets Association US

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