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After downplaying cryptocurrencies early on, banks are experimenting with them more and lobbying regulators for rules to deny crypto lenders “unfair” advantages (Emily Flitter/New York Times)

Emily Flitter / New York Times:
After downplaying cryptocurrencies early on, banks are experimenting with them more and lobbying regulators for rules to deny crypto lenders “unfair” advantages  —  Digital payments technology is forcing the financial system to evolve.  Banks feel their power waning and want to regain control.