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Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says

Planned capital requirements for bitcoin could undermine financial reforms and make it harder to curb risks, a group representing the futures industry is to tell the Basel Committee on Banking Supervision.

Updated May 11, 2023, 5:09 p.m. Published Sep 30, 2022, 3:41 p.m.
Financial market traders are lobbying for gentler crypto rules (Scott Olson/Getty Images)
Financial market traders are lobbying for gentler crypto rules (Scott Olson/Getty Images)