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    Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

    • Post author:MiamiCrypto
    • Post published:October 1, 2022
    • Post category:$9 Billion/0.01% of Total Risk Exposure/182 banks/19 banks/Americas/Banks/banks crypto/basel committee/Basel Committee’s secretariat/Basel III monitoring exercise./BCBS/Bitcoin (BTC)/Crypto asset/crypto asset exposures/Cryptocurrency exposure/Ethereum (ETH)/Europe/Financial Institutions/News/secretariat Renzo Corrias/Stablecoins

    A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The…

    Continue ReadingBasel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets

    Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity

    • Post author:MiamiCrypto
    • Post published:June 30, 2022
    • Post category:Basel/BCBS/Cryptocurrencies/Tier 1 capital

    Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium.

    Continue ReadingBasel Committee wants to limit banks’ digital asset exposure to just 1% of equity
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