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Bitcoin advocate group to fight Basel’s ‘toxic’ treatment of cryptocurrency

🤖 GG AI Summary

The Bitcoin Policy Institute is actively working to influence US regulatory approaches to Bitcoin, specifically targeting the Federal Reserve's implementation of the Basel framework. They aim to prevent what they describe as 'toxic' treatment of cryptocurrency, advocating for fair and informed regulation.

Sentiment: 70% Bullish

The Bitcoin Policy Institute wants to ensure “US regulators get Bitcoin’s treatment right” when the Federal Reserve issues proposals to implement the Basel framework.

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