Banks be like, gonna get me some BTC and fractionalize that shit.
REKT
AGAIN
The SEC has repealed SAB 121, opening the door for banks to custody #Bitcoin. While this sounds like progress, the risk of fractional reserves & rehypothecation could spell disaster.
Congress must act NOW to protect BTC’s integrity.
Full read here: https://egodeath.capital/blog/too-big-to-fail-banks-amp-bitcoin-custody
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