U.S. regulators warned about missing Bitcoin rules in major banking overhaul
Pierre Rochard warned U.S. financial regulators that they are missing Bitcoin from new rules being written under Basel III, a major banking standard. Basel III sets capital requirements that banks must follow. If Bitcoin is left out of these rules, it could create confusion about how banks can hold and trade it. This gap could slow down institutional adoption of Bitcoin. Regulators need to clearly define how Bitcoin fits into banking rules. Getting this right is important for Bitcoin's future in the traditional financial system.
Why it matters
Regulatory clarity makes Bitcoin safer and more attractive to banks and big investors. When rules are unclear, institutions stay away. A well-defined regulatory framework could significantly boost Bitcoin's adoption and price.
