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RE: LeoThread 2024-05-18 15:08

in LeoFinance7 months ago

It’s stunning to see how efficient the banks’ lobby is, compared to the crypto players one: in 2 days, banks have succeeded to make the House & the Senate vote resolutions against the SEC proposed measure (published in their SAB nº121) that would oblige them to register on their books all the assets they custody (including cryptos). They’ll most probably win in this case too.

#crypto #newsonleo #lobby #SEC #custody

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banks are the worst.

Absolutely. I'm glad to not depend on any of them, and to live on the Bitcoin standard 🙃.

Banks, Big Pharma, The food industry and the government all have gotten too big to the point that they simply no longer care about the end customer and just want more for themselves.

I agree. It is sad but true.

I would say that falls to Big Pharma.

If they win the case, which I pray they shouldn't, it will have a lot of serious consequences.