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Friday 16 September 2022

US SEC’s crypto guidelines push up costs for lenders, disrupting projects

US SEC’s crypto guidelines push up costs for lenders, disrupting projects: A slew of lenders including U.S. Bancorp, Goldman Sachs Group Inc, JPMorgan Chase & Co, BNY Mellon, Wells Fargo & Co, Deutsche Bank, BNP Paribas and State Street Corp offer or are working on crypto products and services for clients in a bid to tap in to the $1 trillion crypto market, according to their public statements and media reports.

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