BitMEX co-founder Arthur Hayes has suggested that a change in US banking regulations could propel Bitcoin (CRYPTO: BTC) to a $1 million valuation. What Happened: Hayes, addressing his followers on the social media platform X, indicated that if US banks receive an exemption from the supplementary leverage ratio (SLR) rule, it could lead to increased market liquidity, significantly boosting Bitcoin’s value. The SLR rule, initially adjusted during the COVID-19 pandemic, was designed to alleviate…
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