Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Tanimariya on June 10, 2021, 03:45:03 PM

Title: Basel Committee Proposes Banks Set Aside Capital to Cover Bitcoin Exposure
Post by: Tanimariya on June 10, 2021, 03:45:03 PM
The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not. The world’s most influential banking regulator proposed that banks with bitcoin (BTC, +8.16%) exposure should set aside capital to cover losses in full.

The Bank for International Settlements' Basel Committee suggested splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.  Source Link

 (https://www.coindesk.com/basel-committee-proposes-conservative-treatment-of-banks-bitcoin-exposure)