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The Roadmap For Banks Adopting Bitcoin

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The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

In a major announcement yesterday, news broke that U.S. banking regulators are exploring a roadmap for traditional banks to hold bitcoin so that the asset can be used for client trading, as collateral for lending or just to exist on banks’ balance sheets. Even under the guise of increasing regulation, this is clear evidence that traditional banks and their clients are demanding more use of bitcoin which will further accelerate the growing financialization of bitcoin.

First published here

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