TradFi firms want to transact in Bitcoin (BTC) but are being held back by US regulations, says Cantor Fitzgerald’s Howard Lutnick

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By Maya Cantina

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“If a bank were to hold your bitcoin, they would have to set aside their own cash equivalent to that amount, like ‘in prison.’ That’s why they don’t hold it. But if the regulatory environment were good, you’d see all the traditional financial companies go all in on bitcoin,” Lutnick said.

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