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A little-known 1,250% rule could lock US banks out of Bitcoin

CryptoSlate·
A little-known 1,250% rule could lock US banks out of Bitcoin
AI Analysis

Republican senators are cautioning that a little-known capital rule could prevent US banks from engaging with Bitcoin, despite efforts to integrate traditional financial firms into the digital asset space. This regulatory hurdle may hinder banks' participation in cryptocurrency markets as Congress considers broader involvement.

Key Topics

US banksBitcoinFederal ReserveFDIC

Originally reported by CryptoSlate. Read the full article ↗

A little-known 1,250% rule could lock US banks out of Bitcoin | AI Crypto Daily Wire