{"id":136761,"date":"2024-09-05T12:00:27","date_gmt":"2024-09-05T09:00:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136761"},"modified":"2024-09-04T14:57:38","modified_gmt":"2024-09-04T11:57:38","slug":"bitcoin-will-revolutionize-traditional-finance-according-to-cantor-fitzgerald-ceo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-will-revolutionize-traditional-finance-according-to-cantor-fitzgerald-ceo\/","title":{"rendered":"Bitcoin Will Revolutionize Traditional Finance, According to Cantor Fitzgerald CEO"},"content":{"rendered":"
Lutnick acknowledged<\/a><\/strong> that while Bitcoin<\/a><\/strong> is gaining traction through financial products like ETFs, banks are still limited by regulatory barriers that prevent them from fully engaging with Bitcoin.<\/p>\n Currently, banks are unable to clear, transact, or hold Bitcoin due to regulations requiring them to reserve equivalent capital, which Lutnick likened to being “in a jail.”<\/p>\n He remains hopeful that regulatory changes will eventually allow banks and financial services to fully adopt Bitcoin, predicting its value will rise once recognized as an economic asset by authorities like the CFTC.<\/p>\n