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Bitcoin exceeds expectations but risk spikes
Bitcoin took the finance services community by storm when it reached its highest price. However, as regulators set up rules on digital currencies, its status as a safe haven currency is now being questioned.
"I’m not going to anticipate an impact from the Trump administration, as they are incoherent"
Barney Frank, an ex-congressman of the United States, key architect and part-namesake of the Dodd-Frank Act, speaks to The Asian Banker about US President Trump’s attempts to change the bill, which he described as a “disaster”. In February, Trump signed an executive order to review the mammoth regulatory system put in place after the 2008 financial crisis with the US Treasury Secretary expected to report his findings in June.
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