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The Basel Committee on Banking Supervision is planning to assign cryptocurrencies the toughest capital requirements, for fear that the risks to financial stability would be significant if banks expanded their offerings in the volatile market.
Blockchain pitched as the solution to the stock markets antiquated record keeping.
Tradeweb now handles 1% of U.S. corporate bond trading.
DTCC leads effort to move CDS payments, record keeping to blockchain by 2018.
Regulator's interest said linked to a pension fund's 2015 antitrust lawsuit.
Firms under scrutiny include TFS-ICAP, Tullett Prebon and BGC Partners.