Pressuring banks on social change just got harder
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A key regulator finalized a rule to prevent big banks from turning down loans to businesses, like gun-makers or oil drillers, solely because of perceived reputational risk. And, with more institutional investors looking into Bitcoin, is more regulation on the way?
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Large banks can't deny services to businesses, like gun-makers and oil drillers, just based on what they do.
Those looking to dip their toes into Bitcoin expect the same regulatory clarity and protections that come with traditional assets.